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OCI N.V. announces takeover offer ahead of Amsterdam Euronext listing

  • United Arab Emirates: Saturday, January 26 - 2013 at 15:56
  • PRESS RELEASE

Allen and Overy is pleased to announce it is advising OCI N.V. on its $9bn public takeover offer for Orascom Construction Industries SAE and admission to listing and trading on NYSE Euronext Amsterdam.

Commenting on the transaction, A&O's Middle-East head of corporate Andrew Schoorlemmer said, "This is a great start to 2013 having topped the M&A league tables in 2012 in MENA as well as Benelux. OCI is one of our strategic corporate clients and we are delighted to have again been instructed by them on this transformational deal."

The Allen & Overy team was led by OCI relationship partner Andrew Schoorlemmer, assisted by UAE corporate partner Nick Stewart, Amsterdam corporate partners Tim Stevens and Robert Jan Lijdsman, London ICM partner Robert Williams and NY head of corporate Eric Shube.

Former Amsterdam tax partner Jan Ter Wisch has been appointed to OCI NV's board.
 
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