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Gibson Dunn Advised Vision Invest on 10% Sale in Miahona
Gibson Dunn Advised Vision Invest on 10% Sale in Miahona
Gibson Dunn advised Vision International Investment Company (Vision Invest) on the sale of its 10% stake in water and wastewater company Miahona to multiple investors through private transactions on Tadawul, the Saudi Exchange.
Vision Invest is a leading Saudi Arabian development and investment company with a diverse portfolio of holdings across a wide range of vital sectors, including power generation, water desalination, industrial gases, logistics, transportation, district cooling, wastewater treatment, energy efficiency, and social infrastructure. The sale aims to broaden Miahona’s shareholder base by attracting a diverse range of institutional investors. It also aligns with Vision Invest’s strategy to reallocate its capital towards new and diversified investments.
The Gibson Dunn team was led by Riyadh advised on the transaction was led by Najla Al-Gadi (Partner), and included Rand Shahin (Associate), with support from Ibrahim Soumrany (Partner), Mahmoud Abdel-Baky (Partner).
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