Andrew Tarbuck
Al Tamimi advises on Network International's IPO
LONDON, May 6, 2019
Al Tamimi & Company, a leading law firm in the Middle East, was a member of the legal advisory team on the recent successful initial public offering (IPO) of Network International Holdings on the London Stock Exchange.
Network International is the leading enabler of digital commerce across the Middle East and Africa (MEA) region, providing a full suite of technology enabled payments solutions to merchants and financial institutions of all types and sizes.
Led by Andrew Tarbuck, partner and head of capital markets, and Omer Khan, partner, corporate structuring, the Al Tamimi team advised Network International and its other legal advisers throughout the IPO process, particularly around a detailed pre-IPO restructuring and assisting with prospectus disclosure and regulatory compliance.
The IPO went on to be the biggest offering in Europe and the Middle East this year.
Tarbuck said: “The nature of this transaction, taking an industry-leading business born and bred in the UAE onto a global financial market, was ideally suited to Al Tamimi’s strengths.”
“Using our expertise and insights as the region’s largest law firm, combined with our global experience, we worked with Network International and its other advisors to execute a complex corporate pre-IPO restructuring. Combined with our work on the prospectus, we are proud to have been a part of the legal team on such a keynote and successful IPO,” he added. – TradeArabia News Service