Barakat & Clyde Represented JAF Investment to Successful Dual Acquisition in Egypt's Financial Market
Barakat & Clyde Represented JAF Investment to Successful Dual Acquisition in Egypt's Financial Market
Egyptian firm Barakat, Maher & Partners, in association with global law firm Clyde & Co, advised JAF Investment on its ongoing EGP 177 million acquisition of a 30 per cent stake in both Rawaj Consumer Finance and UE Finance from Arabia Investments Holding (AIH), a listed company on the Egyptian Exchange.
JAF Investment, a family office specialising in diverse growth sectors like real estate and automotive, took a major step towards its non-banking financial ambitions by acquiring stakes in Rawaj & UE Finance. This dual acquisition signifies their strategic focus on a sector poised for further expansion, currently valued at EGP 216 billion (2022).
Partner Mostafa Elsakka, ably supported by senior associate Moataz El Sherbini and associates Walid Enany and Dalya Mahmoud, led the Barakat, Maher & Partners team in association with Clyde & Co, advising JAF Investment.
