Allen & Overy is pleased to announce that it has advised Samena Capital on its strategic investment in Kleinwort Benson Bank Limited ("KBBL").
Samena Capital is the premier investment group focused on principal investments in the Subcontinent, Asia, Middle East and North Africa.
BHF Kleinwort Benson Group S.A. ("Kleinwort Benson") is a leading merchant bank with principal activities in private banking, asset management and financial markets and corporate advisory. KBBL is Kleinwort Benson's London-based private banking and corporate advisory subsidiary.
The Allen & Overy team was led by Dubai-based partner Andrew Schoorlemmer, with assistance from senior associate Zeid Qursha (Dubai), senior associate Daniel Fletcher (London) and associate Ankit Chhabra (London). London based partner Etay Katz and senior associate Alex Garcia-Deleito provided specialist advice on regulatory matters. The Allen & Overy team worked closely with Samena Capital's in-house legal team led by Senior Managing Director and General Counsel, Markus A. Federle.
The transaction is expected to close by the third quarter of 2015 and is subject to closing conditions, including relevant regulatory approval.
For further information, please refer to the commercial press release made by Kleinwort Benson and Samena Capital that is available on Kleinwort Benson's website using the following link: www.kleinwortbenson.com/news-and-insights/press-releases/2015/ or contact Jane King on jane.king@allenovery.com / +971 4 426 7138.
© Press Release 2015
