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Aabar Investments-RBH Capital stake acquisition

US$1,900.00 m
  • Entry date - Wednesday, 23 November 2011
  • Jurisdiction - Singapore, United Arab Emirates
  • Practice - .
  • Aabar Investments-RBH Capital stake acquisition

  • Firm
    Allen & Gledhill
  • Client
    Abu Dhabi Commercial Bank
  • Lead Lawyers
    Lim Teong Sit
  • Role
    Malaysian counsel to seller, Singapore counsel to seller
  • Firm
    Baker & McKenzie.Wong & Partners
  • Client
    Aabar Investments
  • Lead Lawyers
    Brian Chia
  • Role
    International counsel to buyer
  • Firm
    Linklaters
  • Client
    Abu Dhabi Commercial Bank
  • Lead Lawyers
    Nick Garland
  • Role
    International counsel to seller
  • Firm
    Rahmat Lim & Partners
  • Client
    Abu Dhabi Commercial Bank
  • Lead Lawyers
    Ho Wei Lih
  • Role
    Malaysian counsel to seller


DEAL SUMMARY
·         $1.9 billion purchase of a 25-percent stake in Malaysia’s RHB Capital by Aabar Investments from the Malaysian subsidiary of Abu Dhabi Commercial Bank (ADCB)

·         Deal has seen Malaysia’s two largest banks, MayBank and CIMB subsequently pull out of an initial takeover of RHB

·         Both firms worked closely with the in-house and general counsel team of RHB and the ADCB respectively


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