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Deal Date: 15-02-2016 Practice Area: Corporate and M&A
Deal Title: Sale of Ebrahim Mohammed Almana Shares to Sanabil Direct Investments Industry: Healthcare Equipment & Services
Description:
Clifford Chance advised the Ebrahim Mohammed Almana family members on the divestment of 20% of their shares in Ebrahim Mohammed Almana and Brothers Company, a wholly owned family company engaged in the healthcare business in the Eastern Province of Saudi Arabia, to Sanabil Direct Investments Company, which was a subsidiary of Sanabil Investments, a Saudi sovereign wealth fund. GIB Capital acted as the Almana family's financial advisors on the transaction.
Financial Center: Dubai Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction Saudi Arabia Acquiror Jurisdiction Saudi Arabia
Classification: Financial Buyer Acquisitions Minority Investment
Lawyer Omar Rashid