Krishna
Omkar

PUBLIC M&A and CAPITAL MARKETS

Acting for The Western Union Company in its investment in stc Pay, valuing stc Pay at USD 1.3 billion, thus creating the first Unicorn in Saudi Arabia, the third Unicorn in the Middle East, and the first Fintech Unicorn in the Middle East.

Acting for Global Switch, the leading highly-connected data centre provider in the top ten European and Asia-Pacific data centre markets, in relation to its €3 billion EMTN Programme and the issuance of a €700 million green bond, listed on the ESG Bonds segment of Euronext Dublin.

Acting for NYSE-listed Schweitzer-Mauduit International, Inc. on its USD 565 million recommended cash offer for Scapa Group plc, implemented by way of a scheme of arrangement.

Acting for Non-Standard Finance in arrangements relating to its £1.3 billion hostile takeover offer for Provident.

Advising a major international company in relation to a possible takeover of a FTSE 100 company.

Advising a FTSE 100 listed company in relation to a possible takeover of a FTSE 250 company.

Acting for a FTSE 250 company on its exit from a fintech start-up.

Advising a major international corporation on setting up a dual-listed structure.

Acting for GlaxoSmithKline on its major three-part inter-conditional transaction with Novartis worth US$20 billion.

PRIVATE M&A and PRIVATE EQUITY

Acting for Chambers & Partners, the pre-eminent guide to the global legal profession, on its sale to Inflexion.

Acting for Olivier Creed in the sale of Creed Fragrances, one of the world’s leading luxury perfume houses, to BlackRock Long Term Private Capital, following seven generations of family ownership.

Representing Cerberus Frontier, an affiliate of Cerberus Capital Management L.P., on its first transaction in the Middle East, through a co-investment with Olive Rock Partners in United Eastern Medical Services, a healthcare group with operations in the United Arab Emirates and Saudi Arabia.

Acting for Aldersgate Investments Limited, the investment vehicle of the Reuben Brothers, in its divestment of a stake in Global Switch in a transaction valued at £1.8 billion.

Advising Brookfield Infrastructure Group in relation to its acquisition from AT&T of 32 internet data centres in 12 countries on 5 continents in a deal worth US$1.1. billion.

Acting for LCCG / Utmost Group on the acquisition of The Equitable Life Assurance Society, which was founded in 1762, and is the world's oldest mutual insurer, with assets of over £6.3 billion.

Acting for LCCG / Utmost Group on a series of acquisitions, creating a group with over £30 billion AUM.

Acting for PSPIB in relation to its acquisition in a consortium with Brookfield Infrastructure Group, APG Asset Management N.V. and Arcus Infrastructure Partners of TDF, the largest independent communication tower business in France, representing an enterprise value of €3.5 billion.

Acting for Veloce Esports in its fundraise under the Future Fund Programme of the UK Government / British Business Bank.

Advising NXP Semiconductors on the English law aspects of the US$2.75 billion sale of its Standard Products Business to a consortium of financial investors, consisting of Beijing Jianguang Asset Management Co., Ltd and Wise Road Capital LTD.

RESTRUCTURING, INSOLVENCY and SPECIAL SITUATIONS

Acting for the Board of Eddie Stobart, one of the UK’s leading logistics businesses, on its highly publicised rescue deal with DBAY Advisers, which included an innovative structure for an effective disposal of 51% of its trading entities, a payment-in-kind facility, and a renegotiation of existing financing with senior lenders.

Acting for the Prudential Insurance Company of America, Prudential Legacy Insurance Company of New Jersey, and Prudential Retirement Insurance and Annuity Company in relation to their position as Senior Lenders for a package of financial and operational restructuring of the Pizza Hut UK Group.

Acting for Blackstone Credit in a series of private credit, preferred equity, and special situations transactions.

Acting for KKR Credit Advisers in relation to a variety of credit-oriented strategies and products including collateralized loan obligation vehicles investing in secured loans, hedge funds focused on special situations investments, mezzanine debt funds and private equity funds focused on rescue financing.

Acting for Seadrill Limited, one of the world’s largest offshore drilling contractors, on a US$1.6 billion restructuring plan to be implemented with prearranged chapter 11 cases, and the ring-fencing of its non-consolidated affiliates from its restructuring.

COMMERCIAL and ADVISORY

Acting for Mark Newton-Jones in relation to his position and reinstatement as CEO of Mothercare plc.

Advising Star India and Star Middle East in relation to the global audio-visual rights for International Cricket Council events from 2015 to 2023 (the biggest global broadcast deal in the history of cricket).

Advising Tottenham Hotspur Football Club in relation to the drafting and negotiation of a range of commercial contracts for a new stadium at White Hart Lane to be opened in 2018.

Acting for the Government of the Republic of Malawi (through its Public Private Commission) in connection with the development of PPP law and policy in Malawi, as part of a project involving the African Legal Support Facility.

RISK, CORPORATE GOVERNANCE and CONTENTIOUS MATTERS

Acting for JPMorgan Chase Bank N.A. in relation to multi-jurisdictional regulatory and criminal investigations in the UK and U.S. arising from the DoJ, FCA, European Commission’s and multiple other agencies’ investigations into the foreign exchange market.

Acting for Standard Chartered in multi-jurisdictional investigations into Iran sanctions by UK and U.S. authorities, namely the FCA, the U.S. Department of Justice, the Manhattan District Attorney, the New York Department of Financial Services, the U.S. Federal Reserve and the U.S. Office of Foreign Assets Control/OFAC.

Acting for a major chemical company in relation to a US$300 million dispute under an English law contract relating to delay, variation and defect claims and entitlement to liquidated damages arising from the construction of a process plant.

Acting for the majority investor in a prominent company in East Africa in relation to various shareholder and corporate governance matters.

Acting for British Airways in international civil proceedings following criminal and civil investigations by the Office of Fair Trading/OFT into alleged cartel activity involving passenger fuel surcharges on long-haul flights, and related matters, including the OFT’s criminal proceedings against four present and former employees, and the impact of the high-profile collapse of the criminal trial.

Acting for Bupa and Nationwide, in a precedent-setting and successful Upper Tribunal appeal against HMRC in its refusal to allow claims to consortium relief. In a first, one of the Bupa appeals became the lead case, with seventeen cases stayed behind it, and proceeded to leap-frog to the Upper Tribunal.

Advising a major global corporation in relation to a dispute with a sovereign state, and a possible claim under a bilateral investment treaty.

Advising a major multinational corporation in relation to an expropriation claim against a sovereign state under a bilateral investment treaty.

Advising a leading wealth manager in respect of its cross-border regulatory, contractual, tortious and fiduciary obligations following the mis-selling of unsuitable investments resulting in significant losses, and claims of claims of breach of trust and breach of fiduciary duty.