Last week, our client, FINCA Microfinance Coöperatief UA (FINCA Coöp), a Netherlands-based subsidiary of FINCA Microfinance Holding Company LLC and part of the FINCA Impact Finance global network, divested all of its shares in FINCA Microfinance Bank Ltd, Pakistan to TPL Corp and Abhi (YC S21) (Private) Limited, marking a major milestone in Pakistan’s financial services sector.
Ahmed & Qazi is pleased to have represented FINCA Coöp as its sell-side Pakistani-law counsel for this deal, involving provision of end-to-end sell-side legal services, including:
— deal structuring
— provision of strategic advice
— advice on foreign exchange laws
— preparation of transaction documents
— negotiation of deal terms with the buyers
— identification and assistance in procuring regulatory approvals such as from SBP and CCP
— ensuring smooth completion of closing process
— support on post-closing obligations
A&Q team was led by Nazif Ahmed (Head — Corporate) and other associates at the firm.
The Nation: https://lnkd.in/ecu6NnQ4
