Shalakany Law Office Winner of the IFLR 2007 Middle East Award,
The M&A Deal of the Year

(Dubai, October 30, 2007) – Shalakany Law Office won the prestigious 2007 Middle East International Financial Law Review Award for the best M&A deal of the year. Acting on behalf of the selling shareholders of Egyptian Fertilizers Company, Shalakany Law Office actively participated in the drafting and negotiation of the acquisition documents and provided Egyptian legal advice to the sellers.. The sale of Egyptian Fertilizers Company to Abraaj Capital was executed on the Cairo and Alexandria Stock Exchange in June 2007. It was the largest private equity transaction ever to take place in the Middle East and North Africa. It was also the first significant investment by Abraaj after a year of prolonged fund raising. It is expected to spur other regional private equity houses to seek out high-profile targets. The sale involved extensive negotiations with the stock exchange authorities to ensure the sale satisfied local regulations for listed securities.


Shalakany Law Office is Lex Mundi's member firm for Egypt. Founded in 1912, the firm has grown to become one of the leading law firms in the Middle East. Thanks to its extensive client base of leading multinational companies, Shalakany has amassed a wealth of experience that is unique among other firms in the region.