Gibson Dunn & Crutcher, alongside Linklaters and Ibrahim .N. Partners, are providing legal guidance in what stands as the largest tech initial public offering of the year, valued at $2 billion, for UAE-based online food delivery giant, Talabat. Gibson Dunn is offering counsel on U.S. and English law, while Ibrahim .N. Partners addresses legal matters under UAE jurisdiction. Linklaters supports the joint lead managers—Emirates NBD Capital, Abu Dhabi Commercial Bank, EFG HERMES UAE, and First Abu Dhabi Bank—on the intricacies of English, U.S., and Abu Dhabi Global Market (ADGM) free zone law.
This IPO is recognized as the largest in the tech industry this year, highlighting Talabat’s significant market position within the restaurant, takeaway, and food delivery business. For further details, you can view the full article.