ASAR – Al Ruwayeh & Partners (Bahrain) bags IFLR M&A Deal of the Year Award


ASAR – Al Ruwayeh & Partners (ASAR), a leading and prominent top tier law firm in the GCC region, is pleased to announce that it’s Bahrain office has received the “M&A Deal of the Year Award” presented by the International Financial Law Review (IFLR). ASAR Bahrain acted as local counsel on an asset purchase transaction where Uber acquired Careem. Among other things, the transaction involved conversion of stock options previously granted by Careem to employees in Bahrain into Uber stock options. Sam Habbas– Senior Partner at ASAR noted that: “We are delighted to have been nominated and recognized for our work in being awarded the IFLR M&A Deal of the Year. Receiving this award is a testament to the caliber and quality of our clients, the trust that more...