Biography
Reem AlBakr is a dually qualified corporate local partner at White & Case in Riyadh. She has extensive experience in advising government owned entities, corporate clients and family offices on mergers and acquisitions, joint ventures, restructuring, divestitures and strategic investments across various sectors, including energy, technology and infrastructure projects. Reem also has considerable experience advising on antitrust matters.
Reem was previously seconded to the Dubai office in 2019-2020.
Experience
Representation of Aramco on its acquisition of a 50 percent interest in Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra, itself a joint venture between Air Products and Chemicals Inc and Vision Invest.
Representation of Saudi Arabian Oil Company (Saudi Aramco) on the divestment of assets owned by Saudi Aramco Total Refining and Petrochemical Company (SATROP) and Saudi Aramco Jubail Refinery Company (SASREF) to Air Products Qudra (APQ).
Representation of confidential client on a strategic equity investment in the real estate/construction sector in the Kingdom of Saudi Arabia.
Representation of Saudi Aramco on its acquisition of a 70 percent equity interest in Saudi Basic Industries Corporation (SABIC) from PIF, the sovereign wealth fund of the Kingdom, for a purchase price of SAR 259.125 billion (US$ 69.1 billion).
Representation of confidential client on its joint venture with an international investor in relation to the development of hyperscale data centres in Saudi Arabia.
Representation of Saudi Civil Aviation Holding Company (aka MATARAT Holding) in relation to corporatization and asset transfer for Jeddah Airport.
Representation of Saudi Arabian Oil Company (Saudi Aramco) on its SAR 111.0 billion/US$29.4 billion IPO—the world's largest IPO to date. The offering (excluding the over-allotment option) comprised three billion shares, representing 1.72 percent of Saudi Aramco's share capital, for gross proceeds of SAR 111.0 billion/US$29.4 billion.
Representation of Schneider Electric/L&T's Electrical & Automation Business: Secured merger clearance in Saudi Arabia for global transaction involving the integration of 7,000 employees and businesses across the Middle East and Asia—US$3 Billion.
Representation of the shareholders of Ma'arif Holding Company for Education and Training (the largest owner and operator of private schools in Saudi Arabia) in relation of the sale of 100% of their shareholding to GEMS Education and Hassana Investment Company.
Representation of Diaverum on the buy-out of the interests of its JV partner (Nazer Group Limited) in (i) the balance of the shares held in Diaverum Arabia Limited; and (ii) Nazer for Dialysis and Advanced Health Services Co. Ltd.
