Shahid Law Firm Advised Moody’s Corporation On Acquisition Of Majority Stake In MERIS
Shahid Law Firm advised Moody’s on acquiring majority stake in Egypt-based rating agency MERIS.
Shahid Law Firm advised Moody’s Corporation on acquisition of majority stake in MERIS
The prominent Egyptian firm Shahid Law Firm advised Moody’s Corporation, alongside Slaughter and May, on the successful completion of its acquisition of a majority equity stake in Middle East Rating & Investors Service (MERIS), a licensed domestic credit rating agency in Egypt. The transaction was completed following receipt of all required regulatory approvals.
The mandate involved comprehensive support on all Egyptian law aspects of the transaction, including structuring and drafting of transaction documentation, assistance through signing, and satisfaction of regulatory requirements, culminating in the successful closing. The transaction marks a significant step in Moody’s long-term commitment to supporting the development of local capital markets globally and contributes to the continued growth of MERIS.
The Shahid Law Firm transaction team was led by Dr. Michael Boutros (Partner), with support from Mehiar Joulji (Senior Associate), Abdelrhman Taha (Capital Markets Consultant), Nouran Abdelmohsen (Associate), and Farida El Rashidi (Associate).
Shahid Law Firm (SLF) is a prominent Egyptian international law firm, established in Cairo in 1987 by Sarwat Abd El-Shahid, known for serving large corporations, banks, and governments with expertise in corporate, finance, litigation, arbitration, and specialized sectors like energy, IP, and real estate, combining local knowledge with global standards for complex transactions and disputes.
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