Banwo & Ighodalo’s Mergers & Acquisitions (“M&A”) practice continues to be the leading M&A practice in Nigeria; measured by the number and quality of our transactions and recognition by our clientele, leading legal publications and also our colleagues.
The firm has been actively involved in recent industry-wide recapitalizations and mergers within the Nigerian banking sector, which resulted from the Central Bank of Nigeria's 2010/2011 findings that eight banks were distressed.
Between 2010 and 2011, B&I's M&A Team was been engaged by a number of different prospective investors to conduct legal due diligence reviews on all eight (8) banks for prospective investors. The Team acted as transaction counsel in two (2) of the four (4) successful mergers which resulted from the recapitalization process. When considered against the backdrop of a very competitive legal industry and mindful that the transactions herein relates only to the banking sector, the extent of our involvement in the recapitalizations is testament to our leading position in M&A legal practice in Nigeria.
Our ability to deliver first class legal service to our clients is hinged on our expertise and knowledge across all sectors, with a deep understanding of the issues and challenges facing our clients.
Our transactions include:
- Equity Investments and Divestments
- Cross-Border and Domestic Acquisition as well as Negotiated Acquisitions
- Take overs
- Joint Ventures
- Leveraged Buyouts
- Tender & Exchange Offers
- Management Buy outs
- Competition and Anti-trust