Meysan Partners’ Riyadh office provided advisory services to Horizon Participation Holding, a subsidiary of a large Kuwait based group (“Horizon”), regarding the acquisition of a minority stake of Deqh Laboratory Company, a leading laboratory company in Saudi Arabia. The planned acquisition will be executed through a scheme of arrangement in accordance with the Saudi Companies Law but remains subject to usual conditions. When the deal is done, Horizon will be extended to new geographic regions, enhancing the services and capabilities it offers to multinational corporations and key partners.
Michel G. Ghanem, a Meysan Corporate Partner, was joined by Counsel Neyla Rahal, who collaborated closely with Horizon to achieve the signing phase of the deal
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