The AS&H core team was led by Mansoor Alhagbani (AS&H Partner and Head of Capital Markets and Financial Regulatory), supported by Counsel Sahel Mughal, Senior Associate Mashael Al-Shebaiky and Associates Ahmad Al-Sadhan, Rakan Kawar, Haifa Al-Damegh and Motaz Al-Fozan.
Mansoor Alhagbani commented: “We are extremely proud to have advised NCB on this transformational transaction to create a new Saudi banking champion. We would like to thank NCB for putting their trust and confidence in our team to advise on this strategic mandate. It has been an extremely rewarding experience and has enabled us to reinforce our longstanding relationship with them. We look forward to continuing our work with NCB to bring this landmark transaction to a successful conclusion".
AS&H in co-operation with Clifford Chance regularly advises Saudi and international clients on key corporate and ECM transactions and mandates, recently advising PIF on the USD 69 billion sale of its stake in SABIC to Saudi Aramco, SABB on its USD 5 billion merger with Al-Awwal Bank, Sahara on its business merger with Sipchem and Tenaris on its acquisition of a majority stake in Saudi Steel Pipe Company.