Lawyers

Abdulwahab Sadeq

Abdulwahab Sadeq

Work Department

Regulatory and Government Affairs

Position

Partner

Career

Dr. Sadeq has extensive expertise in Companies, Capital Markets, Regulatory, and Competition law. He is a professor at Kuwait University and vice chairman of Kuwait National Sports Arbitration Tribunal.

His experience covers equity and debt transactions within the banking and capital markets, advising clients on initial public offerings (IPOs), block trades, securitizations, convertible and exchangeable bond offers, debt issues, liability management transactions, and regulatory capital and hybrid securities. He has also developed a specialization in banking transactions, private and public mergers and acquisitions (M&A), and private equity investments.

Key Representative Matters:

Advised Beyout Investment Group Holding, a family business group managing integrated services portfolios, on the successful offering of 90,000,000 ordinary shares, representing 30% of the issued share capital and its listing on the Premier Market of the Boursa Kuwait. This private offering was oversubscribed approximately by 17 times with a total demand of more than USD 2.5Bln. This transaction marks the first private offering of shares using the book building process to determine the final offer price. Advised Ali Alghanim Sons Automotive Company K.S.C.C on the $3 billion private placement offering on Boursa Kuwait.The listing, which represented the region’s first-ever family business offering, was 11 times oversubscribed. Advised Agility Public Warehousing Company KSCP on the sale and the completion of the sale of its Global Integrated Logistics business to DSV Panalpina A/S, one of the largest private M&A deals in the region in 2021. Advised Boubyan Petrochemicals KSCP in the acquisition of the English Education Providers Group (EPG), which provides quality education to over 8,500 children on various educational stages. Advised Global Auto Group, a consortium comprised of Ali Alghanim Sons Automotive Company, Mohamed Yousuf Naghi Motors Company, Organi Group, and Al Safy Automotive Company, in their successful acquisition of 100% of Mid-East Auto Company Ltd, a Bermuda incorporated company directly and indirectly owning the Bavarian Auto Group, BMW’s Egypt dealership. Advised Kalaam Telecommunications, Bahrain’s leading technology solutions provider, in the purchase of 100% share capital of Zajil International Telecom Co. (KSCC), one of Kuwait’s longest-established ISP and ICT services companies. Advised the winning consortium in relation to the privatization of Boursa Kuwait. The Consortium included National Investment Company, First International Company, Arzan Financial Group for Financing and Investment and Athens Stock Exchange SA Holding (the qualified international operator). The Consortium has acquired a 44% equity stake in Boursa Kuwait. 50% of Boursa Kuwait’s equity was sold to the public through an IPO, and the remaining 6% continued to be owned by the Public Institution for Social Security (PIFSS).

Languages

English and Arabic

Memberships

US Supreme Court Bar

New York State Bar

Kuwait Bar Association

Education

Georgetown University, Doctor of Judicial Science (S.J.D.). 2016

Georgetown University, Master of Laws (LL.M.) in International Business and Economic Law. 2011

Bachelor of Laws, Kuwait University. 2007

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