K&A advised Taiba Investment Company on a dual acquisition of Savola Group’s shares in Knowledge Economic City Company (a listed joint stock company) and Knowledge Economic City Developers Company (a limited liability company). K&A’s work included the full spectrum of legal services, including structuring the deal, drafting the relevant transaction documents, and providing other regulatory advice including competition analysis.

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The transaction was led by partner Zeyad Khoshaim and associate Meshal Alkolaika and supported by associate Yazeed Alsaiyari.

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This further cements K&A’s capability to execute M&A transactions and comes on the back of K&A advising on the largest public and private M&A transactions in 2022, including Saudi Industrial Investment Group (SIIG) on its acquisition of National Petrochemical Company (Petrochem) – the first deal involving a listed company engaging in a share swap with a company it owns, Samba Financial Group in respect of its statutory merger with the National Commercial Bank.

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K&A has recently been ranked as Tier 1 in all transactional areas by IFLR 1000, and awarded Saudi Arabian Law Firm of the Year by ALB Legal Awards.