UUBO congratulates African Private Equity fund manager, Phatisa, and India-based printing, packaging, and technology conglomerate, The Manipal Group, on Phatisa Food Fund 2’s acquisition of a significant minority stake in Manipal International Holdings Limited – a leading printing and packaging products provider to diverse industries, including the food and beverage market industries across Africa.
We are delighted to have advised on the Nigerian elements of the transaction, details of which are available to read in the deal parties’ press release at: https://lnkd.in/dNpkKKmU.
The Nigerian due diligence, transaction advisory, and merger control transaction advisory teams were led by Private Equity & Venture Capital and M&A teams partner, Folake Elias-Adebowale, with principal support from ETIDO DAVID, Tobechi Nwokocha, Aanu Odunaike, Itoro Udom, Itoro Uwemedimo Etim, Ifunanya Nwafor and Ikenna Ideh.
Tax team partner, Lolade Ososami provided tax restructuring advice with principal support from Kelechi Ibe.
Banking & Finance team partner, Onyinye Okafor, together with Chisom Okolie, advised on various security arrangements.