Leading international law firm Clifford Chance is advising long standing client Istithmar World on the sale of Inchcape Shipping Services (ISS) to London-based private equity firm Epiris.

 

ISS, one of the world’s largest maritime services providers, operates in more than 60 countries around the world, with a presence in more than 85% of the world’s ports.

 

The Clifford Chance team was led by UAE Corporate/M&A partner Deniz Tas and drew expertise from various practice groups across its UAE, London, Milan, Paris, Amsterdam, Sydney, Washington, Beijing, Tokyo, Hong Kong and Singapore offices. The core team in the UAE included Tom Lloyd (Senior Associate, Corporate/M&A), Mohamed Tighilt (Associate, Corporate/M&A), Massimiliano Valli (Associate, Corporate/M&A), Graham Brewer (Partner, Finance) and Oonagh McCullagh (Senior Associate, Finance). 

 

The UAE team

The UAE team was further assisted by:

Wider corporate/M&A: Charlotte Madden (Partner, London) and Mark Inkester (Senior Associate, London)

Finance: Adrian Low (Finance Consultant, London)

Antitrust: Greg Olsen (Partner, London) and Stavroula Vryna (Senior Associate, London)

Employment: Chinwe Odimba-Chapman (Partner, London) and Florence Wong (Senior Associate, London)

Tax: Jemma Dick (Tax Director, London) and Nicola Griffin (Tax Associate, London)

 

High profile M&As

Recently named Mena Legal Advisor of the Year by Mergermarket in 2022, Clifford Chance regularly advises on the region's most high profile, largest and innovative M&A transactions. This has recently included advising on the largest ever M&A deal in the Middle East (PIF's $69 billion sale of its stake in Sabic), as well as the largest ever M&A deal in the UAE (AD Power's $20 billion sale to Taqa). 

 

The firm also recently advised DP World on its acquisition by way of scheme of arrangement of JSE-listed Imperial Logistics, a logistics and market access solutions provider with operations across Africa and Europe.-- TradeArabia News Service