About

Emirates International Telecommunications (EIT) is the telecommunications investment arm of one of Dubai’s largest diversified conglomerates, Dubai Holding. Operating internationally, EIT manages a well-known portfolio and takes ownership stakes in companies allowing for active management. It comes as no surprise that EIT’s legal team are acclaimed for their work in acquisitions, mergers and divestments. The legal division also extends its services to corporate financing and related transactions under which they have previously delivered exemplary legal management. The team played a significant role in the sale of the company’s interest in Interroute, a European network provider. In conjunction, the team’s management of the 60% divestment from the telecommunications operator Go plc, which is spinning off from Malta Properties Limited to be listed as a separate entity, is also noteworthy. In this particular matter a layer of complexity is added by EIT’s decision to retain its shareholding in Malta Properties Limited, despite the demerger, due to Malta Properties’ alignment with Dubai Holding’s real estate investment strategy. Scenarios such as this highlight the EIT team’s capability to deliver legal services in multiple jurisdictions in a commercial environment heavily inundated by intricacies.