Rakan Alyusuf

Senior Associate

Rakan Alyusuf

Riyadh

P: +966.11.218.7800
F: +966.11.218.7806
  • Advised Saudi International Petrochemical Company (SIPCHEM) on its SAR $16 billion public acquisition of the entire share capital of Sahara Petrochemical Company by way of share swap and continued to support SIPCHEM through its integration with Sahara post-acquisition.*
  • Advised a strategic shareholder throughout the merger between Alawwal Bank and Saudi British Bank.*
  • Advised international clients on capital markets transactions, including private transactions, private placements and dribble-out sales.*
  • Advised several investment firms and investment funds on Capital Market Authority matters, including compliance and governance.*
  • Provided board secretarial support and advised several closed joint stock and public listed companies on governance and compliance procedures.*
  • Assisted in negotiating and drafting several joint venture/shareholder agreement, and implementing the same to set-up the corporate vehicles in Saudi Arabia.*
  • Advised KCA Deutag on its acquisition of a Saudi drilling business, including being involved in the due diligence process, transactional documentation and regulatory activities.*
  • Supported various industrial clients on procurement, harmonization of standard terms and internal compliance policies and regulatory activities.
  • Advised several multinational clients in various industries on all aspects of HR/labor-related activities, including advising and representing clients in disputes before the Labor Disputes Settlement Committees and the Labor Courts.*
  • Advised Takween Advanced Industries Company on its rights issue on the Saudi Stock Exchange (Tadawul), which was at the time the second largest rights issue on Tadawul.*
  • Advised Raydan Restaurants and Cuisines on their IPO on the Saudi Parallel Market (Nomu), one of the first IPOs listed on Nomu.*
  • Advised a company on its IPO on Nomu, including due diligence exercises, drafting the due diligence report and preparing the legal sections of the prospectus.*
  • Advised a foreign defense company on its licensing matters and advising on its submission of a bid for a mega project.*
  • Represented Derayah Financial Company, a leading investment bank in KSA. On the formation of the digital bank. D360, with a capital of SAR 1.65 billion (US$440 million), including obtaining the digital bank’s baking license from the Saudi Central Bank.
  • Advised the Noble Corporation, a global offshore drilling company, on the sale of its off-shore drilling rigs in KSA.
  • Advised Caterpillar Inc, an American Fortune 100 corporation, on all aspects of its acquisition of the oil & gas division of SPM, including advising Caterpillar on post-acquisition integration of the SPM oil & gas division.
  • Advised and represented clients before the General Authority for Competition in various local and international transactions in various markets; including energy, pharma, medical, sports & entertainment, media, agriculture, technology & IT and others.
  • Advised Malaz Capital on all aspects of its acquisition through a private investment fund of RAM Dental clinics and RAM Pharmacy Co.
  • Advised and represented several major international franchisors in the food & beverage industries on entry into and compliance with applicable laws and regulations in the KSA market.

*Prior to joining Baker Botts