Hani Nassef

Hani Nassef

Biography

Hani Nassef is a partner at Helmy, Hamza & Partners, Baker McKenzie Cairo, where he heads the Mergers and Acquisitions practice group. As a prominent corporate and M&A lawyer with over 16 years of experience in Egypt and across the MENA region, Hani brings a wealth of top-tier transactional knowledge and excellent corporate client relationships. He advises both strategic and financial investors on a wide range of regional and international mergers and acquisitions, joint ventures, equity capital markets transactions and corporate reorganizations. Hani also has on-the-ground experience acting on inbound and outbound M&A and other corporate transactions across the MENA region, and has acted for a number of clients on transactions that took place in Sub-Saharan Africa. Hani received his law degree from Cairo University's Faculty of Law in 2004. In addition, he earned his master's degree in law from Northwestern University's School of Law in 2008. He was admitted to the Egyptian Bar Association in 2004.

Practice Focus

Hani focuses on corporate M&A and equity capital markets.

Representative Legal Matters

  • Advised on the investment made by Sumitomo Corporation in a Wind Farm project, one of two renewable projects developed by AMEA Power in Egypt, with a capacity of 1000 megawatts and a value of USD 1.1 billion.
  • Acting for the Sovereign Fund of Egypt in connection with the PIF- owned the Saudi Egyptian Investment Company (SEIC)'s investment in 4 leading Egyptian companies listed on the Egyptian Stock Exchange, at a value of USD 1.3 billion. The 4 companies are: Abu Qir Fertilizers and Chemicals Industries Co., Misr Fertilizers Production Co., Alexandria Container and Cargo Handling Co. and E-Finance for Digital and Financial Investments SAE. 
  • Acting for Emirates NBD on the divestment of their non-banking financial services business in Egypt. Baker McKenzie advised Emirates NBD Bank on all of the aspects of the transaction up until successful closing. Our role included assistance in the structure of the deal, and providing regulatory analysis to esnure the ability of the target company to obtain necessary regulatory approvals in a sector that is heavily regulated in Egypt.  The deal also involved restructuring some of the inter-group arrangements in place pre-completion.
  • Acted for EFG Hermes and its subsidiary valU for Financial Services in connection with their proposed joint venture arrangements with Fawaz Abdulaziz Al Hokair in Saudi Arabia to establish a consumer finance business that will be led by valU.
  • Acted for a consortium of financial investors led by Amethis Fund II S.C.A., SICAR (Amethis) and including SPE AIF I, LP (SPE Capital) and European Bank for Reconstruction and Development for the acquisition of a 95% stake of GlobalCorp for Financial Services and its group of companies in Egypt from each of SANAD Fund for MSME – Equity Sub-Fund and Ezdehar Egypt Mid-Cap Fund Coöperatief U.A. and the founder. The transaction marks the first investment by Amethis in the Egyptian market.
  • Acted for a consortium of the largest banks in Egypt, including Banque Misr, National Bank of Egypt and Banque Du Caire as lead investors in connection with their investment include Fintech Innovation Fund, a newly established fintech and financial inclusion fund in the ADGM (Abu Dhabi Global Market), UAE which will be managed by Global Ventures.
  • Acted for Emirates NBD on the divestment of their non-banking financial services business in Egypt. Baker McKenzie advised Emirates NBD Bank on all of the aspects of the transaction up until successful closing.

Before joining Baker McKenzie, Hani handled the following deals:

  • Advising Investec Asset Management on its acquisition of a controlling stake of Spinneys Egypt through a competitive auction process. The transaction marked the first private equity investment for Investec in Egypt.
  • Advising Dubai Investments on its direct investment into Africa Crest Education Holdings (ACE) with an initial target pipeline of projects in Kenya, Egypt, South Africa, Uganda and Morocco.
  • Advising Akzo Nobel Powder Coatings Limited on the acquisition of a majority stake in the Egypt-based Coatech for Chemical Industries S.A.E.
  • Advising the Abraaj Group on a number of transactions including: the acquisition of the Cleopatra Hospital in Cairo, Egypt; the mandatory tender offer to acquire up to 100% of the shares in Cairo Medical Centre in Cairo, Egypt; and the bid to acquire a stake in a leading MENA lubricants manufacturing entity in Saudi Arabia.
  • Advising one of the preferred bidders on the bid to acquire the retail banking business of Citibank in Egypt.
  • Advising power management company Eaton on its joint venture arrangements with Abunayyan Holding. The transaction involved complex combination of business units by entities within the groups of the joint venture partners.
  • Advising Gulf Capital on its acquisition of a majority stake in an IP business in the Middle East.
  • Advising Emirates International Telecom Company – Du on its joint venture arrangements with Batelco, the primary telecom operator in the Kingdom of Bahrain, in relation to a regional data centers business in MENA.
  • Advising a listed GCC diversified Investments Company on the acquisition of Omnix International, a technology-enabled services group based across several Middle Eastern jurisdictions, including the UAE, Saudi Arabia, Bahrain, Qatar, Oman, Iraq and Jordan.
  • Advising Stolt-Nielsen and Avenir LNG Ltd (Avenir) in connection with the investment by Stolt, Golar LNG Ltd and Höegh LNG Holdings Ltd. of USD 182 million into Avenir, an LNG logistics provider engaged in the delivery of LNG to areas of stranded demand, as well as the development of LNG bunkering capabilities.

Professional Honors

  • "Up and Coming" by Chambers Global 2023 in Corporate M&A
  • "Highly Regarded" by FLR100 2022 in M&A
  • "Key Lawyer" in Legal 500 EMEA 2022 in Corporate M&A

Admissions

  • Egypt (2004)

Education

  • Northwestern University School of Law (LLM) (2008)
  • Cairo University (LLB) (2004)

Languages

  • Arabic
  • English
  • French
  • Co-author, KSA merger control chapter, Getting the Deal Through, 2016, 2015, 2014 and 2013 editions

  • Co-author, news article in relation to the then new mortgage law in the UAE, Gulf News, 2008