December 9, 2021
Shalakany successfully represents the Selling Shareholders of ABUK in a Multi-Million-Dollar Sale
Shalakany is pleased to announce its successful representation of the National Investment Bank, the Industrial Development Authority, Al-Ahly Capital Holding Company and the Holding Company for Chemical Industries for the sale of approximately 10% of the shares of Abu Qir Fertilizers and Chemical Industries Company.
The multi-million-dollar sale is in the framework of the Government’s program for offering the shares of certain state-owned companies on local and international stock markets. The Shalakany team working on the transaction was led by our Partner Omar Sherif along with Omneya Anas and Rokaya Ghoneim.
Omar Sherif, Partner and lead of the transaction, said “This transaction has been years in the making and we are very proud to have finally seen it through. We were able to leverage our capabilities as a Tier 1 Capital Markets firm to achieve this outcome. Such a result could not have been achieved without the full and continuous cooperation of all the transactions’ parties.”
The multi-million-dollar sale is in the framework of the Government’s program for offering the shares of certain state-owned companies on local and international stock markets. The Shalakany team working on the transaction was led by our Partner Omar Sherif along with Omneya Anas and Rokaya Ghoneim.
Omar Sherif, Partner and lead of the transaction, said “This transaction has been years in the making and we are very proud to have finally seen it through. We were able to leverage our capabilities as a Tier 1 Capital Markets firm to achieve this outcome. Such a result could not have been achieved without the full and continuous cooperation of all the transactions’ parties.”
