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by Legal Desire
19 December 2024

Baker McKenzie Advises the Savola Group in SAR 6B Rights Issue and Distribution of Savola Group’s Entire 34.52% Stake in Almarai Company

Advising firms

Deal team

5 lawyers named
LawyerFirmSeniorityPracticeOffice
Karim Nassar Lead Baker McKenzie Partner capital markets Not stated
Samar Baharon Baker McKenzie Not stated capital markets Not stated
Thamer AlZayer Baker McKenzie Not stated capital markets Not stated
Khalid AlAhmary Baker McKenzie Not stated capital markets Not stated
James Thompson Baker McKenzie Partner Not stated London

Stated terms

Stated value
SAR 6bn (SAR 6 billion (~USD 1.6 billion))
What the figure measures
Issue size
Client
Savola GroupIssuer
Counterparties
Almarai Company (Other)