Anjarwalla & Khanna is the biggest firm in Kenya in terms of headcount for corporate finance. It is in continuous evolution, recently sending one of its best lawyers, Atiq Anjarwalla, to its Dubai office (Anjarwalla Collins & Haidermota) and restructuring its Kenya team into a more departmentalised offering....
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Anjarwalla & Khanna is the biggest firm in Kenya in terms of headcount for corporate finance. It is in continuous evolution, recently sending one of its best lawyers, Atiq Anjarwalla, to its Dubai office (Anjarwalla Collins & Haidermota) and restructuring its Kenya team into a more departmentalised offering. The firm also has a good training strategy and programme of secondments.
"Very strong in terms of strategy and thinking as a firm," says a peer, "very different to older firms, it has an associate firm in Dubai and the Africa Legal Network; they are good with their business".
The firm hired seven lawyers from competitors in 2010/2011, including partner Dominic Rebelo from Daly & Figgis and former partner (now foreign legal consultant) Krista Bates from Clyde & Co Tanzania. "Certainly reasonable," says a global client, "they have a good finance practice, have grown a lot and it has been positive".
In standout deals, Atiq Anjarwalla and Daniel Ngumy worked with Clifford Chance as local counsel to PTA Bank's $1 billion MTN programme and drawdown of $300 million in October 2010. Anjarwalla, with Maureen Mujera-Ogola, also acted for Equity Bank on finance facilities of $63 million to the City of Nairobi.
In M&A, Karim Anjarwalla and Anne Kiunuhe acted as local counsel to help Helios Investment Partners and Vitol Group on the $1 billion global acquisition of Royal Dutch Shell's downstream operations in Kenya, Botswana and Mauritius.
In a huge one off project, Amyn Mussa and Mujera-Ogola were also busy advising a group of investors on the $3 billion construction of a new city called Tatu City, which will be a 1000 hectare commercial and residential development to be completed over a period of ten years.
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