Ashurst has advised Saudi Arabian client Delta Marketing Company on the agreement to dispose of its bottled water division, to Abu Dhabi-based Agthia Group.
Corporate counsel Chris Young led the transaction for Delta, with Saudi law advice provided by Jeddah-based partner Dr. Faisal Baassiri.
Dr. Faisal Baassiri said: ‘We are delighted to have supported our long-time and valued client Delta Marketing on this transaction. It is always a pleasure to work with such a professional company’.
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Ashurst is a leading international law firm advising corporates, financial institutions and governments. The core businesses are in corporate, finance, dispute resolution and the development and financing of assets in the energy, resources and infrastructure sectors. The firm has 25 offices in 15 countries, over 400 partners and a further 1,450 lawyers. Offering the international insight of a global network combined with local market knowledge, Ashurst provides consistently high quality, commercially relevant legal advice worldwide and has an exceptional track record of managing large and complex multi-jurisdictional transactions, disputes and projects.
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