Ahmed Bekheit

Ahmed's representative transactions include:

Capital Markets – Egypt & KSA

• J.P. Morgan Saudi Arabia, Goldman Sachs Saudi Arabia, EFG Hermes Saudi and SNB Capital as joint financial advisors, joint bookrunners and joint underwriters, SNB Capital as lead manager on USD 1.1 billion IPO of ADES Holding on the Main Market of the Saudi Stock Exchange.
• Saudi Aramco on its SAR 96.0 billion/USD 25.6 billion IPO on the Main Market of the Saudi Stock Exchange - the world's largest IPO to date.
• stc on its SAR 12.0 billion/USD 3.2 billion fully marketed secondary offering - the first-of-its-kind on the Main Market of the Saudi Stock Exchange.
• Riyadh Cables on its SAR 1.4 billion/USD 378.4 million IPO on the Main Market of the Saudi Stock Exchange.
• Nayifat Finance on its SAR 1.1 billion/USD 317.6 billion IPO on the Main Market of the Saudi Stock Exchange.
• Macro Group Pharmaceuticals on its EGP 1.3 billion IPO on the Egyptian Exchange.
• CIRA on its EGP 1.3 billion IPO on the Egyptian Exchange.
• OTMT, Orascom Financial Holding's major shareholder, on a share swap mandatory tender offer with B Investment.
• Egyptian sportswear company on its IPO on the Egyptian Exchange. **
• IDH on its USD 668 million IPO on the London Stock Exchange. **
• Egypt leading cement manufacturing company on its IPO on the Egyptian Exchange. **
• The largest EGX-listed healthcare company on its mandatory takeover of a majority stake in one of the healthcare providers in Egypt. **
• The largest EGX-listed healthcare company on its capital increase via rights issue. **
• EGX-listed glass manufacturing company in relation to its corporate restructuring, through a mandatory tender offer exemption. **
• PE firm on its mandatory tender offer of a majority stake in an Egyptian food manufacturing company. **
• The leading EGX-listed pharmaceuticals company in relation to its corporate restructuring, through a mandatory tender offer. **
• PE firm on its mandatory tender offer of a majority stake in an Egyptian glass manufacturing company. **

Corporate/M&A

• Leading Egyptian PE firm, B Investments Holding on its acquisition of El Ezaby Pharmacy, the largest pharmacy chain in Egypt.
• Leading Egyptian PE firm, B Investments Holding and Saudi mogul Abdel Moneim Al-Rashed on their divestment from Giza Systems S.A.E. and Giza Saudi Arabia, a leading digital transformation enabler and systems integrator across MEA to solutions by STC, at a total equity valuation of US$139 million.
• Egypt Education Platform in relation to its acquisition of a majority stake in Selah El Telmeez, the famous 60 years old legacy K-12 education brand.
• Gemini Global Development, and its major shareholder - Ora Developers, on Gemini's capital increase of USD 100 million by Abu Dhabi's Chimera in return for significant minority stake.
• The founders of Hayah International Academy on their divestment and cooperation with Egypt Education Platform.
• The founders of AIA Educational Services on their divestment and cooperation with Egypt Education Platform.
• Tokio Marine on its partial divestment from its life insurance subsidiary – Tokio Marine Egypt Family Takaful.
• AfricInvest on its acquisition of a minority stake in the key player in the smart cards and payment solutions market in the Middle East and Africa.
• Hassan Allam Holding on its acquisition of a majority stake in a water treatment company.
• Leading Egyptian PE firm, B Investments Holding in connection with the acquisition of a majority stake in Gourmet Egypt, a leading grocery stores chain in Egypt.
• Suez Canal Authority on its joint venture with Dubai Ports and advising it on granting usufruct to the joint venture company.
• The largest Egyptian agricultural company on its acquisition of a majority stake in the largest maize products company in Egypt. **
• PE firm on its acquisition of a majority stake in a major manufacturer of plumbing related products in Egypt. **
• Canadian company on its acquisition of a majority stake in the largest Egyptian pharmaceuticals company. **
• PE firm on its acquisition of a healthcare provider in Egypt. **
• A MENA's leading bank on its acquisition of an Egyptian bank. **

**Deal experience gained whilst at another Firm.