Udo Udoma & Belo-Osagie (“UUBO”) is pleased to have advised Helios Investment Partners (“Helios”), a leading pan-African private equity firm, on the mandatory takeover offer (“MTO”) by its special purpose vehicle, Emerald HoldCo B.V. (“Emerald HoldCo”), following its indirect acquisition of control in Beta Glass Plc (“Beta Glass”).
UUBO had earlier advised on Helios’ indirect acquisition of majority stakes in Beta Glass and Frigoglass Industries Nigeria Limited (now Packaging Industries Nigeria Limited), providing Nigerian corporate, regulatory and antitrust advice in connection with the acquisition. On the MTO, UUBO worked closely with Rand Merchant Bank Nigeria Limited, acting as financial adviser, on the structuring and implementation of the MTO, including engagement with the Securities and Exchange Commission to obtain its authority to proceed and registration of the takeover bid.
The UUBO team was led by Corporate Advisory, Private Equity and M&A Partner, Ozofu ‘Latunde Ogiemudia, with support from Managing Associate, Lisa Esamah, Senior Associate, Tobechi Nwokocha and Associates, Tomisin Bhadmus-Ladi and Adaobi Omosefe Uzo.
We are proud to have supported Helios on this landmark transaction.
For more information about our Corporate Advisory, Private Equity, M&A, Capital Markets, and other practice areas, please visit www.uubo.org or contact us at geca@uubo.org, pemateam@uubo.org and uubo@uubo.org.
