Waleed Rasromani

Head of Corporate, Linklaters

Waleed is a Counsel in the Corporate/M&A team at Linklaters in Dubai. He returned to the Middle East in 2018 after many years at the firm’s London office, where he managed some of the firm’s largest transactions. Since returning to the region, Waleed has led Linklaters’ Corporate/M&A work in Saudi Arabia and splits his time between Dubai and Riyadh. He advises regional and international clients on a range of transactions in the region, including public and private M&A, joint ventures and venture capital.

Recent transactions of significance include advising:

  • Saudi Investment Recycling Company (a subsidiary of the Public Investment Fund of Saudi Arabia) on the acquisition of Global Environmental Waste Management Services
  • Schlumberger on the sale of its regional land rig business to Arabian Drilling Company, a joint venture between Schlumberger and TAQA (Saudi Arabia)
  • Finablr on the acquisition of Bayan Payments Limited, a Fintech company in Saudi Arabia
  • OYO on the establishment of its hotel and tourism businesses in Saudi Arabia
  • an international consumer goods company on the restructuring of its manufacturing and distribution businesses in Saudi Arabia
  • a Saudi corporate on the proposed acquisition of a Saudi food franchise business
  • Bahrain Mumtalakat Holding Company on various acquisitions in Europe and the Middle East
  • Emaar on its proposed joint venture with Aldar for the Saadiyat Grove in Abu Dhabi and the Emaar Beachfront in Dubai
  • Dubai Holding on various proposed venture capital investments
  • Ahli United Bank on its proposed merger with Kuwait Finance House
  • EY and Deloitte on the reorganisation of their businesses in the Middle East and North Africa
  • PwC on its acquisition of Booz & Company, the restructuring of its global network and the reorganisation of its business in Africa
  • Unilever on the €6.875bn sale of its global baking, cooking and spreads business to KKR
  • National Grid on the £13.8bn sale of a majority stake in its UK gas distribution business to a consortium comprising Qatar Investment Authority, Macquarie Infrastructure and Real Assets, Allianz Capital Partners, Hermes Investment Management, CIC Capital Corporation, Dalmore Capital and Amber Infrastructure Limited/International Public Partnerships
  • a consortium comprising Abu Dhabi Investment Council, JPMorgan, Swiss Life, White Summit Capital and Covalis Capital on the €2.5bn acquisition of Spanish energy supplier Naturgas Energía Distribución from Energias de Portugal
  • LetterOne on the €5.1bn acquisition of DEA, comprising the upstream oil and gas business of RWE globally including Algeria, Egypt and Libya
  • CK Hutchison on the proposed £10.5bn acquisition of O2 UK and co-investment arrangements for the combined Three UK/O2 business with Abu Dhabi Investment Authority, Canada Pension Plan Investment Board, GIC, Caisse de dépôt et placement du Québec and BTG Banco Pactual

Waleed is a native Arabic speaker and dual-qualified in England and Wales and the Kingdom of Bahrain.

Waleed Rasromani

Head of Corporate, Linklaters