Oman Investment Fund represented by Dentons

Dentons has advised Oman Investment Fund (OIF) on its acquisition of a 20 per cent stake in Kunooz Oman Holding SAOC (Kunooz).  The agreement took effect following a signing ceremony held in September 2016. As part of the agreement, OIF will be represented by two board members on the existing Kunooz board.

Kunooz is a consolidation of five subsidiaries and two associate companies, all within the mining, quarrying, transportation and construction materials industries. The company is planning an initial public offer of its shares in 2017, enabling it to invest in some key areas of the business in order to meet its strategic growth objectives.

The Dentons team was led by Nick Simpson and included senior associate Darshi Sanganee and associate Harry Singh.