In Brief (OCTOBER 2013)

1) Allen & Overy LLP advised J.P. Morgan Securities plc in connection with the capital increase of MorphoSys AG raising gross proceeds of approximately EUR 84 million in a private placement via an accelerated book building...

Vinson & Elkins advises on Ghubrah IWP in Oman

Vinson & Elkins LLP (V&E) advised the successful sponsor consortium partners Malakoff Corporation Berhad, Sumitomo Corporation and Cadagua S.A. on the development and financing of the Ghubrah seawater desalination project (IWP) in Oman. The key financing...

Trowers & Hamlins advises on refinancing of Shuweihat project

International law firm Trowers & Hamlins has acted as United Arab Emirates legal counsel to the lenders and bond underwriters on the USD2.3 billion refinancing of the Shuweihat S2 Independent Water and Power Project (IWPP) in...

DLA Piper advises Etihad Airways on strategic partnership

DLA Piper has advised Etihad Airways on its acquisition of 49 per cent stake in JatAirways (which is to be renamed and rebranded Air Serbia) as part of an extensive strategic partnership between the two airlines....

Law firms lead on ME`s first bank-bond refinancing

Ashurst advises Interserve on its acquisition of oil and gas services company

Ashurst LLP has advised FTSE 250 international support services and construction company Interserve on its agreement with Renaissance Services SAOG to acquire, for US$ 46m, Topaz Oil and Gas Limited and its subsidiaries, which provide oilfield...

In Brief (September 2013)

1) Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have advised on Samsung’s USD350 million acquisition of German technology company Novaled. Samsung Electronics and Cheil Skadden acted for Samsung and Cheil with a team led...

In Brief (July – August 2013)

1) Taylor Wessing Middle East has advised leading regional media business, Mediaquest, on its acquisition of the AME Info and SME Info websites, two of the leading business outlets for news and information in the Middle East...

USD17 BILLION BASRAH GAS PROJECT REACHES OPERATIONAL PHASE

The USD17 billion Basrah Gas Project, the world’s largest gas flares reduction project and a first-in-country public-private-partnership of this scale (to date) has reached operational phase.Vinson & Elkins LLP (V&E) and Cleary Gottlieb Steen & Hamilton...

Trowers & Hamlins advises on Oman’s first sukuk

International law firm Trowers & Hamlins has advised Tilal Development Company S.A.O.C. (Tilal) on the first-ever corporate sukuk issue in Oman. Tilal is the underlying obligor in the sukuk structure and the sukuk will be issued...