Our experienced team guides leading-edge clients from term sheet through closing.
Mergers & Acquisitions
Our mergers and acquisitions (M&A) lawyers provide legal representation, advice and support to our clients from the inception stage of a transaction through to the structuring, execution and completion stages. We advise on equity and asset acquisitions; mergers and other forms of business combination; corporate and external restructurings; divestments; schemes of arrangement; tender offers and mandatory takeover bids. Our M&A practice is highly regarded within and outside Nigeria and is consistently ranked as a top-tier practice. We represent a diversified clientele of leading Nigerian, international and multinational companies across a broad range of sectors, including banking; energy and natural resources; insurance; telecommunications; aviation; oil and gas; power; mining; pharmaceuticals; technology; fast moving consumer goods (FMCG) and agriculture. Our experience in representing both buyers and sellers gives us the versatility to negotiate complex deal points, while our deep understanding of the regulatory and corporate governance aspects of M&A transactions is particularly valuable to board directors and executive management teams in sensitive, high-pressure situations. Our transaction footprint includes a portfolio of innovative and award-winning transactions.
Clients seek us out for our expertise and experience in M&A law and competition/anti-trust law; the excellent quality of our work; our in-depth understanding of the intricacies of Nigerian law; our expertise in domestic and cross-border M&A transactions and our client-focused approach. Our offices are located in Abuja, Lagos and Port Harcourt and we are uniquely positioned to provide top quality legal services tailored to your particular requirements.
Advised Unilever Plc on the Nigerian aspects of the USD 8.04 billion sale of its margarine and spreads business to KKR & Co. Inc.
Advised Vitol SA and Helios Energy Ltd on their USD 460 million acquisition of the downstream businesses of Oando Plc — a leading Nigerian energy company
Advised Exxon Mobil Oil Corporation on the USD 300 million sale of its 60 per cent equity stake in Mobil Oil Nigeria Plc to Nipco Plc
Advised MTN Nigeria, the leading telecommunications company in Nigeria, on its USD 200 Million acquisition of Visafone Communications Limited
Advised AXA SA, a leading global insurance and asset management group, on its EUR 198 million acquisition of a majority stake in Mansard Insurance Plc, a listed Nigerian insurance company
Advised 8 Miles LLP, African Capital Alliance Limited and DEG on their USD 80 million Equity Investment in Beloxxi Industries Limited. The transaction was awarded Mid-Cap Deal of the Year, and the firm was named Exceptional Single Deal Advisor at the 2017 Private Equity Africa Awards
Advised Access Bank Plc on its NGN 50 billion (approximately USD 300 million) acquisition of a 75 per cent equity stake in, and subsequent merger with, Intercontinental Bank Plc, a listed Nigerian bank. The transaction was awarded the 2012 M&A Deal of Year for Africa by The Banker
Advised AXA SA on its USD 61 million acquisition of an equity stake in Africa Reinsurance Corporation — a leading Nigerian reinsurance company
Advised Allianz SE on its USD 35 million acquisition of a 99.03 per cent equity stake in Ensure Insurance Plc — a major Nigerian insurance company
Advised ARM Pension Managers (PFA) Limited on its merger with First Alliance Pension and Benefits Limited — the first merger transaction in the Nigerian pension industry
Advised on the merger of Skyway Aviation Handling Company Limited and Skypower Aviation Handling Company Limited