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AS&H in co-operation with Clifford Chance advises The National Petrochemical Company on its merger with Saudi Industrial Investment Group

Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance advised The National Petrochemical Company on its merger with Saudi Industrial Investment Group by way of a share exchange transaction.

This transaction is the second securities exchange transaction between two listed petrochemical entities and was led by partners Mansoor Alhagbani and Sahel Mughal. Senior Associate Ahmad Al-Sadhan acted as the lead associate and led a strong team of Associates comprising of AlJazi AlHagbani, Abdullah Al-Huwayshan, Naif Al-Sheikh, Khaled Al-Bakr, Aljoahra BinAhmed, AlJawharah AlSadoun, Nawaf Mutwalli and Alia Al-Kadi.

AS&H in cooperation with Clifford Chance also recently advised NCB on its merger with Samba Financial Group (Domestic Deal of the Year - IFLR Middle East Awards 2021), PIF on the USD 69 billion sale of its stake in SABIC to Saudi Aramco (Domestic Deal of the Year - IFLR Middle East Awards 2020), SABB on its USD 5 billion merger with Al-Awwal Bank (Domestic Deal of the Year - IFLR Middle East Awards 2019), Sahara on its business merger with Sipchem and Tenaris on its acquisition of a majority stake in Saudi Steel Pipe Company.