Faisal Adnan Baassiri Law Firm in association with Ashurst LLP advises across the full spectrum of corporate and commercial matters for clients active in Saudi Arabia, with strengths in restructurings, compliance and licensing agreements, and corporate governance frameworks. Share acquisitions and privatisations of listed companies are another area of focus. Faisal Baassiri is an experienced Saudi lawyer renowned for his work with financial institutions and corporates. Simon Rahimzada co-leads the team.
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Key clients
- Accor Group
- Transmed
- Saudi French Company for Hotel Management (Accor Group)
- Jeddah Prep & Grammar School
- Ministry of Health
- Interserve Holdings Limited
- ADES Investments Holding Ltd
- National Centre for Privatisation and PPP
- Mawani
- Zakat, Taxation and Customs Authority
- Legrand Saudi Arabia LLC
- Saudi Telecom
Work highlights
Advised Zahid Group on the first cross-border public-to-private transaction led by a non-governmental entity based in the GCC region.
Advised Saudi Telecom on the acquisition of 100% of Contact Center Company (ccc by stc) from Saudi Telecom Company and ESM Holdings, LLC.
Advised Newberry Global Limited in respect of its Bespin global cloud services business, on the investment by e& into Bespin Global's UAE (ADGM) based entity to form a joint venture which will provide public cloud managed and professional services to customers in the Middle East, Turkey, Africa and Pakistan, and the investment by e& into Bespin's Hong Kong based holding company.
Practice head
Faisal Baassiri; Simon Rahimzada