US EditionFreshfields advises Emirates Insurance Company PJSC on its share buyback from Mamoura Diversified Global Holding Company PJSC and subsequent redistribution plan in a landmark transaction in the region
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Freshfields advises Emirates Insurance Company PJSC on its share buyback from Mamoura Diversified Global Holding Company PJSC and subsequent redistribution plan in a landmark transaction in the region
Global law firm Freshfields has advised Emirates Insurance Company PJSC (EIC) on the share buyback from one of its shareholders, Mamoura Diversified Global Holding Company PJSC (Mamoura), which held a 11.81333% stake representing 17,718,999 of EIC’s issued share capital, and thereafter re-distributed these shares, for free, to its existing shareholders on a pro-rata basis (the Transaction).The Transaction involved heavy regulatory engagement wit…
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