Advised international bank on US$80m energy sector acquisition in Ivory Coast

Detailed due diligence for Ivorian acquisitions
Detailed due diligence for Ivorian acquisitions
I Wei Huang | Shutterstock
Ivory Coast

The team at John W Ffooks & Co assisted a major international bank with its US$80M financing of an acquisition. The acquirer was a UK-based PLC, whose target was Ivorian oil-and-gas assets. We:

  • Reviewed Ivory Coast's investor framework;
  • Conducted detailed due diligence on the target's assets;
  • Provided extensive insight into the loan agreement;
  • Drafted local security documentation; and
  • Ensured the client was apprised of the taxation implications of the transaction.
Tags: tax due diligence oil & gas merger & acquisition natural resources security documentation