A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Since the introduction by the Capital Market Authority (the
"CMA") of the Kingdom of Saudi Arabia (the
"Kingdom") of the amended Merger and Acquisition
Regulations (the "M&A Regulations") there has been a
distinct increase in market activity, indicating that public
M&A transactions will continue to drive deal flow in the
Kingdom.
This note, updated in August 2019, provides a high-level
overview of the current regulatory regime of the Kingdom governing
public M&A transactions, and how certain of the M&A
Regulations are tending to be applied in practice.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.