Meysan Partners, a prestigious law firm in the region, proudly announces its role as lead counsel to Boubyan Petrochemicals KSCP in the full acquisition of the English Education Providers Group (EPG) in Kuwait. This deal represents a significant milestone in Boubyan Petrochemicals’ strategic expansion and marks a key addition to its growing portfolio.
Established in 1975, EPG is a respected, family-owned Kuwaiti educational institution, dedicated to providing quality education to over 8,500 children across various educational stages.
The Meysan team was led by partners Michel G. Ghanem and Dr. Abdulwahab Sadeq with the support of counsel Neyla Rahal and associate Rosy Rizk.
Dr. Sadeq commented on the acquisition, saying, “We are delighted to have played a pivotal role in this transaction, aiming to enrich Boubyan Petrochemicals’ already impressive portfolio with the inclusion of EPG. We look forward to the successful conclusion of this acquisition, subject to obtaining regulatory approvals and meeting standard closing conditions.“
With a long and distinguished history, Meysan Partners has become a trusted legal advisor across a vast array of industry sectors in Kuwait and the broader region. The firm’s recent activities include involvement in several significant M&A transactions in the international and bilingual educational sector within Kuwait.
Meysan’s expertise, commitment to excellence, and understanding of the regional market have once again proven instrumental in facilitating a complex and noteworthy transaction.
Meysan has successfully advised the shareholders of Upayments Electronic Payment and Settlement Systems KSCC, a leading fintech solutions provider, on their partial exit through the sale of a 51% stake in the company to the National Bank of Kuwait (NBK). Upayments, founded in 2016, is a prominent provider of online… Read more
Meysan is pleased to announce its role as legal advisor in the successful execution of National Investments Company’s (NIC) partial exit from Boursa Kuwait. This landmark transaction involved the sale of 6.5 million shares, constituting 3% of Boursa Kuwait’s capital, for a total value of KD 13.3 million. This achievement… Read more
Meysan, a renowned law firm known for its expertise in high-stakes litigation, corporate transactions, and advisory services, has joined forces with Hammad & Al-Mehdar Lawyers and Legal Consultants, a leading law firm with offices in Jeddah, Riyadh, Khobar, and Abu Dhabi. This alliance combines the expertise and knowledge of both… Read more
Meysan advised Gulf Insurance Group K.S.C.P. (“GIG”), a major insurance group in the MENA region listed on Boursa Kuwait, on their full exit from Buruj Cooperative Company by way of sale of their stake to Cigalah Multi Industries Limited Liability Company. The exit was successfully completed with the sale of… Read more
On September 9, 2024, Meysan secured a USD 1.3 billion Final Award for Iraq Telecom, a subsidiary of Agility Logistics, in ICC Arbitration proceedings against Korek Telecom, a major Iraqi telecommunications company. The dispute related to Korek’s guarantee of the obligations of its DIFC-registered holding company International Holdings Limited (IH)… Read more
Meysan is delighted to announce its role as legal counsel in the successful completion of Arabi Holding Group Company K.S.C. (“Arabi”) capital increase of KWD 36,322,070.820 through a rights issue. The offering of 172,962,242 ordinary shares at an offer price of 210 Kuwaiti Fils per share to existing shareholders raised… Read more