Cheree King

Ms. King served at a Magic Circle firm in Abu Dhabi for over seven years, recently spending time on secondment to its New York office. She also was seconded to Mubadala Capital’s private equity legal team, where she advised on control stake acquisitions, management incentive plans, disposals and fund investments. In recognition of her practice, Ms. King was named Corporate Lawyer of the Year at the 2024 LexisNexis Women in Law Awards for the Gulf Cooperation Council.

Prior to joining Skadden, Ms. King’s representations include advising:

• a sovereign wealth fund in relation to a number of equity investments, including co-investments and general partner strategic stakes, as well as on divestments, follow-on investments, restructurings and management incentive plans
• multiple regional sovereign wealth funds on a variety of matters, including private equity, infrastructure and real estate investments involving assets based in the U.S., Asia, Europe and the U.K., as well as on joint venture transactions
• Luxinva S.A., a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), on the recommended cash acquisition of Dechra Pharmaceuticals PLC valued at £4.46 billion. The consortium was led by Swedish investment firm EQT Fund Management S.a.r.l. with Luxinva S.A. as co-investor
• CVC on its $925 million acquisition of Therakos from Mallinckrodt
• OSN on its acquisition of a majority stake in Anghami Inc., which involved OSN providing cash and contributing OSN+ streaming assets to Anghami in exchange for new shares. The deal created the first platform in the MENA region to provide customers with premium movies, TV series and music
• Kuwait Projects Company (Holding) K.S.C.P. on the disposal of its 46.32% stake in Gulf Insurance Group K.S.C.P. to Fairfax Financial Holdings Limited for $860 million
• DP World, a leader in global supply chain solutions based in Dubai:
  • in relation to the all-cash offer by Port & Free Zone World FZE for the 19.55% of shares in DP World listed on Nasdaq Dubai
  • on the acquisition of multiple feeder shipping businesses based in India and the Middle East
• ADNOC:
  • on its entry into a joint venture with Abu Dhabi-based Group 42
  • in relation to its partnership with Intercontinental Exchange (ICE) to launch a new Murban petroleum exchange in the Abu Dhabi Global Market - ICE Futures Abu Dhabi
• Al Hilal Bank in relation to a three-way merger with Abu Dhabi Commercial Bank and Union National Bank to create the third-largest bank in the United Arab Emirates at the time, with total assets of $114 billion
• Saudi Telecom Company on the $3.1 billion sale of ride-hailing business Careem to Uber, the largest-ever technology deal in the region