ZH advises LimeVest Partners and Tawasol Holdings in the MTO of Alexandria for Medical Services

We are pleased to announce that Zaki Hashem & Partners has advised the Consortium of LimeVest Partners and Tawasol Holdings SAE in closing the mandatory tender offer (MTO) of 11.53 million shares of Alexandria for Medical Services SAE (i.e. 74.08% of the share capital). Accordingly, upon closing the MTO, the Consortium now owns approximately 95% of the share capital.

The MTO bid was previously approved by Egypt’s Financial Regulatory Authority in August 2022 and was closed today, September 27th, 2022.

Yasser Hashem, ZH's Managing Partner and Capital Markets Head, as well as Helal El Hossary, Partner, and Soha Elezaby, Partner, were the lead attorneys who advised LimeVest and Tawasol on this Transaction.