news & events
Shalakany Successfully Submitted a Mandatory Tender Offer
Shalakany is pleased to announce that it has successfully deposited with the Egyptian Financial Regulatory Authority (the “FRA”) on behalf of its client, Emirates Advanced investments Holding LLC, a mandatory tender offer for the acquisition of up to 100% of the shares of Alexandria New Medical Center S.A.E for an aggregate price exceeding half a billion Egyptian pounds. The Egyptian Stock Exchange (the “EGX”) announced the deposit of the offer with the FRA on June 6th, 2021.

Mr. Omar Sherif, Partner and Transaction Manager, said: “We are delighted to have been able to make this submission swiftly on behalf of our client, despite having worked on a very tight schedule. We very much look forward to closing this deal as soon as possible in light of the applicable regulatory framework.”
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Shalakany Secures a Positive Global Settlement for a Leading Multinational Jewelry Company
August 25, 2021
Shalakany Secures a Positive Global Settlement for a Leading Multinational Jewelry Company

Shalakany is pleased to announce that it has successfully represented its client, a leading, multinational jewelry company, before the General Authority for Investment and Free Zones (‘GAFI’) and before the Egyptian Judiciary. The client’s dispute with the counterparty arose from an unincorporated joint venture in Egypt. Shalakany’s consecutive wins before GAFI’s Inspection and Petitions’ Committees […]

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Shalakany Acts for Wings in Nile Cruises Joint Venture
August 18, 2021
Shalakany Acts for Wings in Nile Cruises Joint Venture

Shalakany is delighted to announce that they have acted as lead counsel for the Wings Group (one of the most prominent Egyptian hotels and tourism players and a longstanding client of the firm) in its joint venture with one of the leading luxury international river cruise operators AMAWaterways. The joint venture envisages investing in luxury […]

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