Advanced Search
  • HSBC
Home : News : Company News : F : Freshfields Bruckhaus Deringer
Page navigation Browse related articles
« Previous article Next article »

Freshfields advises Goldman Sachs International on proposed merger of Emirates Bank International and National Bank of Dubai

  • United Arab Emirates: Sunday, July 15 - 2007 at 08:54
  • PRESS RELEASE
Related content
Sharaf DG participates in Dubai Shopping Festival 2012 »
Alshaya successfully acquires La Senza UK  »
The Strait of Hormuz has a maximum width of 50km Iran responds to sanctions with threat to block... »
Continued decline expected for Dubai property prices »

Emirates Bank International and National Bank of Dubai have announced the terms of their proposed merger to create Emirates NBD, with a combined market capitalisation of approximately AED 41.3 billion/USD11.3 billion.

The proposed merger is intended to be effected by establishing a new company, to be named Emirates NBD, which will offer to acquire the share capital of Emirates Bank International and National Bank of Dubai in exchange for new shares, the first public takeover offers for companies listed on the Dubai Financial Market.

Freshfields Bruckhaus Deringer is advising Goldman Sachs International, which is acting exclusively as the lead financial adviser to the joint steering committee of Emirates Bank International and National Bank of Dubai established in connection with the proposed merger.

The Freshfields team is being led by partners Bruce Embley in Dubai and Edward Braham in London, assisted by senior associates Graham Watson and Aryan Schoorl in London and Dubai respectively.

Bruce Embley said:

"We are delighted to be advising Goldman Sachs International on this landmark transaction to create a UAE banking champion and the GCC's largest bank by assets."
 
Article Options
Log in to request more information from Freshfields Bruckhaus Deringer
Related site: http://www.freshfields.com
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Sunday, July 15 - 2007 at 08:54 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

Notes and Media Contacts »

For more information please contact:

Andrew Freeman, PR manager
T +44 20 7427 3984

Freshfields Bruckhaus Deringer* is a leading international law firm providing a comprehensive worldwide service to national and multinational corporations, financial institutions and governments.

* 474 partners and principal consultants, 2509 total lawyers worldwide, 27 offices in 16 countries.

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

Events Directory
See all 0 events this monthNo events this month

Organise your events diary by accessing the region's biggest directory of business events in the region

Organising an event? List it for free »
Newsletters

Stay informed with timely insight, analysis and news direct to your inbox
Subscribe to our range of e-newsletters

Business Directory

More than 235,000 business people visit the AMEInfo Business Directory every week - start growing your customer base today by listing your company details.

List your company details for FREE in the region's biggest online directory »

Access company information for 14 countries in the Middle East for FREE

Latest Jobs
Manager Transport, Resuscitation, Admission, Code, Sedation Teams (TRACS)
Doha
Competitive
Advertising Account Executive | GMASCO
Dubai | UAE
Competitive
Browse all jobs »
News Alerts

Track your competitors and spot market opportunities. Get Watchlist news alerts on industry or individual company news, straight to your Inbox

Tools

AMEInfo tools:

Weather Forecast
See what the weather is forecast to be like for your area
Currency Converter
Track the latest foreign exchange rates across the major global currencies
Current World Time
Find clients' business hours across global time zones
Travel Visa Requirements
Check all visas requirements when booking business travel trips
Broadband Checker
How does your broadband compare?
Businesses for Sale
Find a business opportunity
AME Info Services
Superbrands
ABC ELECTRONIC

© 1996 - 2011 AME Info FZ LLC / Emap Limited. All rights reserved.

Advertising | Contact | Content | Corporate | Feedback | Privacy Statement | Terms of Service | Featured sites | Web Feeds