Osama Lone is an associate in the Dubai office of Latham & Watkins. Mr. Lone advises on a broad range of corporate transactions.

Mr. Lone previously worked for a Magic Circle firm in Dubai.

Mr. Lone’s experience includes advising:

Mergers & Acquisitions

  • Convergint on its acquisition of the MVP Group, a security, IT infrastructure and software engineering group operating across the Middle East
  • MBC on its €225 million subscription for a significant minority stake in the Antenna Group, a Greek television and media conglomerate
  • BayWa AG on its disposal of 51% of Al Dahra BayWa LLC, an agriculture and greenhouse operator in the UAE 
  • Jadwa Investment on its acquisition of 70% of Dabdoob Holdings, the largest toy e-commerce application in the Middle East
  • Epiris on its acquisition of Inchcape Shipping Services, a global provider of port agency and marine services
  • ArcelorMittal Tubular Products Al-Jubail on its acquisition of Jubail Energy Services Company and related debt-to-equity conversions of shareholder loans from the Public Investment Fund and ArcelorMittal
  • The Government of the Kingdom of Saudi Arabia on its privatization of the flour milling industry through the sale of four flour milling companies to private investors via a competitive auction process
  • Dubai Holding on its acquisition of a significant minority stake in the Azadea Group, a Middle Eastern lifestyle retail company
  • Al-Khabeer Capital on its acquisition of 51% of Express Investment Holding, a provider of flexible packaging solutions in the UAE
  • Henkel AG & Co. KGaA on its acquisition of 51% of Henkel Polybit Industries, a regional manufacturer of water proofing products and construction chemicals*
  • A multi-national technology company on its US$580 million acquisition of Souq.com, a Middle Eastern e-commerce platform*
  • Dubai World on its US$180 million disposal of Dubai Maritime City to DP World*
  • Dubai World on its disposal of Dubai Drydocks World to DP World and on Dubai Drydocks World’s related restructuring*
  • Mubadala Infrastructure Partners on its disposal of minority interests in three universities in Abu Dhabi – Zayed University, Sorbonne University and UAE University*
  • Eutelsat S.A. on its acquisition of the Noorsat business, a key satellite capacity aggregation and resale business in the Middle East*
  • HSBC Bank Middle East on the sale of its banking business in Lebanon to BLOM Bank SAL*
  • Mitsui & Co., Ltd. on its US$265 million investment in the ETC Group, an agriculture business operating across Asia and Africa*

Joint Ventures

  • The Public Investment Fund on its internet of things joint venture with STC
  • Magrabi Group Investments on its optical lenses manufacturing joint venture with Mr. Walid El-Ali
  • McKal Holdings Limited on its minority interests in McLaren Group Limited
  • Nouryon Holding BV on its chemicals trading joint venture with the Kanoo Group
  • BayWa AG on the restructuring of its agriculture joint venture with Al Dahra and related asset sale to the joint venture company

Emerging Companies, Venture Capital, and Corporate Governance

  • ByteDance (TikTok), a video-sharing mobile app, on its expansion into the Middle East
  • Kuaishou, a video-sharing mobile app, on its expansion into the Middle East
  • Stripe, a financial services and software as a service company, on its expansion into the Middle East
  • A Chinese multinational technology conglomerate group on corporate governance and regulatory advice in relation to the UAE
  • Kiklabb, a UAE-based startup, in connection with its Series A financing with the Dubai Government and Altayyar Holding
  • Kitopi, a UAE-based kitchen as a service platform, on its US$17 million Series A financing and US$11 million Series A-1 financing 
  • Swvl, a Cairo-based transportation platform, on its US$42 million Series C financing 

Initial Public Offerings

  • A Saudi Arabian financing company on its potential initial public offering of 30% of its share capital on Tadawul
  • ACWA Power on its initial public offering of 11.1% of its share capital on Tadawul for approximately US$1.1 billion*

*Matter handled prior to joining Latham

 

 
 
 
 

Bar Qualification

  • England and Wales (Solicitor)

Education

  • L.P.C. in International Law, University of Law, London Moorgate, 2014
    Distinction
  • LL.B. in Law, University of Southampton, 2013
    Second Class Honours (Upper Division)

Languages Spoken

  • English
  • Arabic
  • Urdu