K&A advised Taiba Investment Company on a dual acquisition of Savola Group’s shares in Knowledge Economic City Company (a listed joint stock company) and Knowledge Economic City Developers Company (a limited liability company). K&A’s work included the full spectrum of legal services, including structuring the deal, drafting the relevant transaction documents, and providing other regulatory advice including competition analysis.
The transaction was led by partner Zeyad Khoshaim and associate Meshal Alkolaika and supported by associate Yazeed Alsaiyari.
This further cements K&A’s capability to execute M&A transactions and comes on the back of K&A advising on the largest public and private M&A transactions in 2022, including Saudi Industrial Investment Group (SIIG) on its acquisition of National Petrochemical Company (Petrochem) – the first deal involving a listed company engaging in a share swap with a company it owns, Samba Financial Group in respect of its statutory merger with the National Commercial Bank.
K&A has recently been ranked as Tier 1 in all transactional areas by IFLR 1000, and awarded Saudi Arabian Law Firm of the Year by ALB Legal Awards.