Arabtec + Mubadala
Designing a practical sell-side process amongst a complex group situation to maximise value realisation and minimise transaction risk
M&A
Situation
Within a broader group liquidation process Mubadala wanted to realise value in one of the few profitable, successful Arabtec subsidiaries.
Seeking practical advice on the strategy and execution required to maximise value and process minimise risk
Solution
Strategic review to appraise the options available ranging from a business wind down to the sale of the business, determining the most likely route to maximise value for creditors
Develop a clear equity story considering the broader group liquidation process that would attract bidder interest and maximise value
Identify a list of global buyers who would recognize the strategic value in the business and be able to transact in an efficient time frame
Market access conversations at a senior level, to quickly identify deal appetite and likelihood of closing a deal
Result
A hugely complex, successful global process run within a broader group liquidation, with a binding offer received and approved by the courts
Press release - Lumina becomes the first M&A advisory firm to be appointed as lead sellside advisor under the new UAE bankruptcy law.