Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Apr 11, 2019

Shearman & Sterling Wins Two Awards at the Mergermarket Awards 2019

Shearman & Sterling was named MENA M&A Legal Adviser of the Year for the second year in a row and Energy, Mining & Utilities M&A Legal Advisor of the Year at the Mergermarket Awards 2019.

The M&A team received the awards in the Middle East for their work on some of the most complex and high-value transactions in 2018. These include advising:

  • Mubadala Petroleum on the acquisition of a 10% stake in the Zohr super-giant gas field in Egypt;
  • EFG Hermes on the successful first close of the Egypt Education Fund which aims to build Egypt’s largest specialized K-12 education company; and
  • Investcorp on the launch of a joint venture with Aberdeen Standard Investments that will invest in infrastructure projects in Gulf Cooperation Council countries.

Marwan Elaraby, the firm's EMEA Regional Managing Partner, said, We are thrilled to be recognized in the market for our work on some of the biggest M&A deals in the region today, demonstrating our capabilities across a number of industries including energy, mining and utilities. Our Middle East team continues to offer our clients innovative solutions to meet their business goals and we are honored that Mergermarket recognizes us as a leader in the market for a second year.

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