Privatization is rapidly growing in the Middle East as the ultimate tool for creating a true competitive free market in a complex global environment. We have a true market-leading expertise in this field encompassing a wide range of public sectors such as telecommunications, electricity and natural resources, energy, oil and gas and airlines
Our strength lies in the integrated services of Squire Sanders, which is widely considered as one of the world’s leading privatization firms, having participated in major institutional restructuring and privatization deals across all industry sectors and in countries around the world, especially in Central and Eastern Europe, and has handled some of the most dramatic public-to-private transactions those nations have ever witnessed. Squire Sanders has completed privatizations in varied industries including aerospace, agriculture, automotive, banking, chemicals, consumer products, electronics, energy, food processing, hotel and property development, industrial equipment, manufacturing, shipping, steel and aluminum production, and telecommunications.
Our high-quality practice draws on the solid expertise of our attorneys gained with respect to all angles of corporatization, capitalization and privatization transactions through representation of the key actors in this field, ranging from governmental ministries, councils, government-owned corporations to private domestic and foreign investors, bidders and banks.
We have a wide transactional experience in various deals falling under the privatization umbrella such as B.O.T. -projects and other contracts for privately-owned infrastructure development, joint ventures and incorporation of SPVs or other legal vehicle(s) for financing and operation purposes, licensing, divestitures and acquisitions by foreign investors, mass privatizations involving vouchers and investment funds, project finance and technology licenses.