Mergers & Acquisitions in Nigeria
6 Broad Street, Lagos
We were founded in 1994. Challenging corporate finance litigation and transactions – especially mergers and acquisitions, capital markets work and structured lending – have always and will always have a central place in our repertoire.
We have become one of Nigeria’s leading business law firms. We have always had an international outlook. We have a reputation for, and an outstanding record of, carrying out critical, innovative and complex work to the highest standards.
We have advised and represented our clients on several of the most significant recent developments in Nigerian business law practice, particularly in the fields of sales of businesses, infrastructure financings denominated in hard currencies and tax and securities law disputes.
We are organized as seven practice skill groups operating across eight sectors of the economy. The practice groups are: dispute resolution; corporate (including mergers and acquisitions and private equity); banking; capital markets; tax; intellectual property; and employment.
The eight sectors are: financial services, oil-and-gas; electric power; telecommunications, media and technology; agribusiness, food and healthcare; trade and industry; transport and logistics; and construction and real estate (“fast moving consumer goods” occur in several of these sectors). There are clients of many nationalities and every size in these sectors.
They range from foremost global multinational enterprises to a number of ambitious, home-grown fledglings, from government-controlled enterprises (we have advised on numerous privatizations) to companies controlled entirely by private sector actors.
We have and maintain numerous contacts in Nigerian business and government circles, and with law firms and lawyers’ organizations based both in and outside Nigeria. We are a member of Africa Legal Network (ALN), an association of leading independent law firms founded and based in Africa. We are also quite unusual in having the quality management certification of ISO 9001:2008.Show more +
Gbolahan Elias is a Partner at G. Elias & Co. He is called to the Nigerian and New York bars. He is the present chairman of the Nigerian Bar Association Section of Business Law Committee on Mergers and Acquisition, Chairman of the Law Reform Commission, Lagos State; a member of the International Association of Defence Counsel, a Visiting Professor at Babcock University, Nigeria, and a Senior Advocate of Nigeria.
Some pertinent experience in M&A
Gbolahan’s recent work includes advising on leading M&A deals in the banking, insurance, electric power, oil-and-gas, food, real estate and telecommunications sectors. Among those deals are those where Kellogg Company acquired a 50 per cent stake in a food and distribution company controlled by Tolaram Africa (approximately US$450mm), the privatization sale of NITEL (the old state owned telephony monopoly: approximately US$252mm) and the sale of Enterprise Bank (the first “bridge” bank ever to be sold: approximately US$350mm).Show more +