Abdulwahab Abullatif Sadeq

Practice Areas

Dr. Sadeq has extensive expertise in Companies, Capital Markets, Regulatory, and Competition law. He is a professor at Kuwait University and vice chairman of Kuwait National Sports Arbitration Tribunal. His experience covers equity and debt transactions within the banking and capital markets, advising clients on initial public offerings (IPOs), block trades, securitizations, convertible and exchangeable bond offers, debt issues, liability management transactions, and regulatory capital and hybrid securities. He has also developed a specialization in banking transactions, private and public mergers and acquisitions (M&A), and private equity investments.

Work Highlights

Dr. Sadeq acted as legal counsel to a Kuwait-based consortium in the acquisition of Milton Keynes Dons Football Club (MK Dons) and its associated entities. He also advised Beyout Investment Group Holding, a family business managing integrated services portfolios, on the successful offering of 90,000,000 ordinary shares, representing 30% of the issued share capital, and its listing on the Premier Market of Boursa Kuwait. This private offering, the first in Kuwait to use the book-building process to determine the final offer price, was oversubscribed approximately 17 times with total demand exceeding USD 2.5 billion.

He also advised Ali Alghanim Sons Automotive Company K.S.C.C. on its $3 billion private placement offering on Boursa Kuwait, the region’s first-ever family business offering, which was 11 times oversubscribed. Additionally, he advised Agility Public Warehousing Company KSCP on the sale of its Global Integrated Logistics business to DSV Panalpina A/S, one of the largest private M&A deals in the region in 2021.

His work also includes advising Boubyan Petrochemicals KSCP on the acquisition of English Education Providers Group (EPG), which delivers quality education to over 8,500 children at various educational stages. He also advised Global Auto Group—a consortium comprising Ali Alghanim Sons Automotive Company, Mohamed Yousuf Naghi Motors Company, Organi Group, and Al Safy Automotive Company—on their successful acquisition of 100% of Mid-East Auto Company Ltd, the Bermuda-incorporated parent company of BMW’s Egypt dealership, Bavarian Auto Group.

Abdulwahab further advised Kalaam Telecommunications, Bahrain’s leading technology solutions provider, on the purchase of 100% share capital of Zajil International Telecom Co. (KSCC), one of Kuwait’s longest-established ISP and ICT services companies.

He also provided counsel to the winning consortium, including National Investment Company, First International Company, Arzan Financial Group for Financing and Investment, and Athens Stock Exchange SA Holding, on the privatisation of Boursa Kuwait. The consortium acquired a 44% equity stake in Boursa Kuwait, while 50% of the equity was sold to the public via an IPO, with the remaining 6% retained by the Public Institution for Social Security (PIFSS).

Education