K&A Advises Winning Bidder in SAGO Privatization Transaction

K&A advised the National Agricultural Development Company (“NADEC”) in relation to its successful joint bid to acquire the Second Milling Company that was offered for privatization by the Saudi Grains Organization (“SAGO”). This transaction is part of one of the largest targeted sectors for privatization under the Kingdom’s Vision 2030.

As part of its role, K&A advised NADEC on the definitive agreements regarding the ownership, management, commercial business and operation of the Second Milling Company.

This transaction showcases K&A’s role as the premier PPP adviser for both government-side and investor-side roles, and its leading role for complex M&A transactions.

This transaction comes at the same time that K&A is named as the Saudi Arabian Corporate Law Firm of the Year by Chambers Middle East Awards 2021 as announced here.


K&A named Saudi Arabian Corporate Law Firm of the Year by Chambers Middle East Awards 2021

K&A is pleased to have been named Saudi Arabian Corporate & Commercial Law Firm of the Year by Chambers Middle East Awards 2021.

K&A was described as a firm that is “regularly seen advising on some of Saudi Arabia’s most significant and high-value transactions”.

Managing Partner, Zeyad Khoshaim, was also described as “consistently cited as one of the market’s most impressive lawyers”.

K&A was also the only Saudi Arabian law firm nominated for all award categories for Saudi Arabia.

This award follows K&A impressive streak in winning Thomson Reuters’s prestigious Saudi Arabian Law Firm of the Year, IFLR’s National Law Firm of the Year, and IFN’s M&A Team of the Year, all further solidifying K&A’s position as Saudi Arabia’s leading law firm.

K&A named Saudi Arabian Law Firm of the Year by Thomson Reuters Middle East Law Awards


For more information, please reach out to our press and business development team at BD@khoshaim.com.

 


K&A Successfully Brings Largest Bank Merger in KSA History to Legal Completion

K&A, having advised Samba Financial Group on its merger with the National Commercial Bank (NCB), is pleased to announce the legal completion of the merger. Saudi National Bank (SNB), as the surviving entity has now been renamed, is now the largest bank in Saudi Arabia.

K&A’s role on the transaction involved structuring, negotiating, and drafting all transaction documents and public circulars on behalf of Samba. K&A also represented Samba when dealings with regulators, including the CMA, GAC, SAMA, and MOC. All of K&A’s tier 1 practices worked on this historic transaction, including the M&A, competition, capital markets, banking, and disputes teams.

This deal continues K&A strong track record in successful M&A deals in Saudi Arabia, after having had roles in Saudi Aramco’s acquisition of 70% stake in SABIC, SIPCHEM’s share swap with Sahara, and the SABB/Alwwal merger.

The closing of this deal also coincides with K&A being named the Saudi Arabian Law Firm of the year by Thomson Reuters, and National Law Firm for Saudi Arabia by the IFLR.

K&A named Saudi Arabian Law Firm of the Year by Thomson Reuters Middle East Law Awards

K&A Named Saudi Arabian Law Firm of the Year


K&A named Saudi Arabian Law Firm of the Year by Thomson Reuters Middle East Law Awards

K&A is honored to announce that it was named Saudi Arabian Law Firm of the Year by Thomson Reuters’s Middle East Law Awards.

Thomson Reuters also awarded K&A “Equity Market Deal of the Year” for its work on Saudi Aramco’s IPO.

Managing Partner, Zeyad Khoshaim, commented: “K&A is delighted to have been recognized by a prestigious body such as Thomson Reuters.  I would like to sincerely thank K&A’s amazing team for getting us this far! This recognition validates our strategy of having on-the-ground execution capabilities in an independent law firm. K&A’s focus on growing its practices – Corporate/M&A, Capital Markets, Finance and Projects, Dispute Resolution, and Regulatory – is paying off.”

This award also follows K&A having received IFLR’s prestigious Saudi Arabian Law Firm of the Year award in 2020.

K&A Named Saudi Arabian Law Firm of the Year