Ali K. Shaikley

Equity Capital Markets

• Represented DEWA on its US$6.1 billion IPO on the DFM, the largest ever IPO in the UAE.
• Represented Emirates Central Cooling Systems Corporation (Empower) on its IPO on the DFM.
• Represented the underwriters on the IPO of BinDawood Holding on the Tadawul.
• Represented Taleem Holdings on its IPO on the DFM.
• Represented the underwriters on the IPO of Al Ansari Financial Services.
• Represented the shareholder (Borealis) in connection with the IPO of Borouge on the ADX.
• Represented Emirates NBD Capital Limited and EFG-Hermes UAE Limited on the initial public offering of shares of ENBD REIT (CEIC) Limited, a Shari’a-compliant REIT, and its listing on Nasdaq Dubai.
• Represented ADES International Holding on its IPO on the London Stock Exchange. This was the first DIFC company to carry out a listing solely on the London Stock Exchange.

M&A/Private Equity

• Represented a global technology company on numerous early stage investments and bolt-on acquisitions in the U.S. and Asia.
• Represented Yellow Door Energy on the sale of a majority stake to a fund managed by private equity firm Actis.
• Represented the Saudi Agricultural and Livestock Investment Company (SALIC), a wholly- owned subsidiary of the Public Investment Fund, on the acquisition of 35.43% stake in Olam Agri Holdings for SAR 4.65 billion.
• Represented Zakher Marine International on its acquisition by ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC).
• Represented HWH Investments in the acquisition by Lagardère Travel Retail of a majority interest in Creative Table Holdings Ltd.
• Represented United Arab Chemical Carriers in its acquisition by United Overseas Group (by way of the first ever reverse triangular merger in the DIFC).
• Represented Mumzworld, a UAE-based mother, baby and child e-commerce platform, on the sale of its business to a subsidiary of the Tamer Group.
• Represented Goldilocks Investment Company in its business combination with Eshraq Investments.
• Represented TruKKer, the MENA and Central Asia’s largest digital freight network, on its Series B and Series C fundraises.
• Represented International Holding Company PJSC on its business combination with Pal Cooling Holding.
• Represented Al Qudra Holding PJSC in its business combination with Al Tamouh Investments.
• Represented United Al Saqer Group LLC on their subscription for US$70m of redeemable exchangeable preference shares in Hygienic Holding Group Ltd.
• Represented NMC Health on its US$207m acquisition of Cosmesurge from Emirates Hospitals Group.
• Represented a large international private equity fund on the acquisition of a majority interest in a UAE-based school group.
• Represented the shareholders of Best Global Brands on the two-phased sale of the company to Distell (total transaction value of nearly US$600 million).
• Represented a GCC sovereign wealth fund on the sale of its portfolio company in the financial services sector.
• Represented Labregah Real Estate Company and Barwa Real Estate on the acquisition of US$5.3 billion of assets comprising major real estate projects, including Barwa City and Barwa Commercial Avenue, and a significant stake in Barwa Bank.

*Some of the above matters were handled prior to joining Sidley.