Giwa-Osagie & Co has its strongest reputation in the market for its corporate and M&A practice, but competitors also see them on projects, banking and capital markets from time to time. It is very much a versatile firm....
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Giwa-Osagie & Co has its strongest reputation in the market for its corporate and M&A practice, but competitors also see them on projects, banking and capital markets from time to time. It is very much a versatile firm.
"They have an active corporate practice and a niche strength with South African clients through its Lex Africa network," points out a peer. One capital markets client says: "They were professional, deliver on time, follow up on the client even when client is slow to give information, very enthusiastic... we would recommend Osayaba [Giwa-Osagie] anywhere at any time."
The firm is active in heavy industry and power, with clients such as Lafarge Cement and the Nigerian Gas Corporation, and aviation, where it acts for KLM, Air France and Emirates Air among others. The firm advised Telkom on a $500 million senior term loan and revolving credit facility and acted for Lafarge WAPCO on its $340 million bond issue in order to finance expansion.
Another standout deal saw the firm advise Multi-Links Telecomms on two loans, for $42 million and $60 million, from China Development Bank. M&A was the firms biggest department, where it acted for Telkom on its $280 million 75% acquisition of Multi-Links Telecomms.
The firm also advised Olam International on the combination and acquisition of three flour mills for $70 million and TNS's parent company WPP on its takeover by RMS Nigeria.
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