Gibson Dunn advises Vision Invest on 10 per cent sale in Miahona

Gibson Dunn advised Saudi Arabian public-private investment company Vision International Investment Company (Vision Invest) on the sale of its 10 per cent stake in water and wastewater company Miahona to multiple investors through private transactions on Tadawul, the Saudi Exchange.

Vision Invest is a leading Saudi Arabian development and investment holding company in Saudi Arabia, with a diverse portfolio of holdings across a wide range of vital sectors including power generation, water desalination, industrial gases, logistics, transportation, district cooling, wastewater treatment, energy efficiency and social infrastructure. The sale aims at broadening Miahona’s shareholder base, as it seeks to attract a diverse range of institutional investors. It also aligns with Vision Invest’s strategy to reallocate its capital towards new and diversified investments.

The Gibson Dunn team advising on the transaction was led by partner Najla Al-Gadi and included associate Rand Shahin, with support from partners Ibrahim Soumrany and Mahmoud Abdel-Baky.