Corridor III · Deal corridor

GCC → Central Asia

Cross-border M&A advisory · Kazakhstan and Uzbekistan

Gulf capital in infrastructure and agri-industrial assets in Kazakhstan and Uzbekistan, often alongside the state.

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What moves on this corridor

The flow

A corridor we act on regularly. Uzbekistan's privatisation programme and Kazakhstan's industrial policy suit long horizons and a tolerance for a state shareholder. Research and precedent are thinner than in Western Europe, so more falls to the adviser.

Where transactions need work

What a deal turns on here

Sovereign co-investment as a structure

On larger assets the state often stays a shareholder after completion. We design for it in governance, reserved matters and exit rather than negotiate it away.

Two languages, two laws

Documents are bilingual; which version prevails should be stated. Foreign law can govern the sale agreement, while corporate steps and enforcement follow local law.

Timetables move

Published timetables are often revised. We plan on that basis rather than on the announced calendar.

Enquiries
Michaël Aissaoui
Founder & Managing Partner · GCC to Central Asia

Thirty minutes, confidential, no engagement. If this is not our corridor, we will say so and point you elsewhere.

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