People
Profile

    Ardeshir is a partner at AMJ and specialises in corporate finance advising on M&A transactions and also advises clients such as international investment banks, financial advisers and issuers on corporate finance and capital markets transactions in Oman. His experience includes advising on IPOs, takeover transactions, follow-on public offerings and private investment in public equity (PIPE) transactions.

    Ardeshir has worked with the firm’s senior partners particularly Mr. Mansoor J. Malik on a number of innovative and challenging transactions in Oman. He has significant experience in Omani capital markets, commercial, legislative and regulatory frameworks. He is recognised for his attention to detail and work ethic. He entered the global legal rankings in 2011 as a leading associate and ‘one to watch’ for his corporate finance work.

    Ardeshir works closely with clients to structure transactions at the outset to fulfil the client’s strategic and commercial objectives. Clients praise him for his responsiveness and commitment to provide an exceptional service as well as technical expertise.

     

    IFLR 1000 ‘Highly Regarded 2018- -2021, ‘Leading lawyer’ 2013-2017

    Legal 500 ‘Leading Individual’ (2020 -2021), ‘Recommended’ 2015-2017 

    Chambers Global ranked Band 2 (2017-2019); Band 3 (2020-2021 and Leading Individual 2016), Band 4 (2014-15), Associate to watch 2013

Highlights
  • Advised Ubhar Capital SAOC on the acquisition of 100% of the share capital of Gulf Baader Capital Markets SAOC from Gulf Investment Holding Co. SAOG.
  • Advising on various aspects of Omani law as would become applicable to reorganisation/restructuring of two Government owned companies engaged in the oil and gas and petrochemical sector, in particular the regulatory framework applicable to the reorganization.
  • Advising Musandam Power Company in connection with their initial public offering of shares and listing on the Muscat Securities Market.
  • Advised Dhofar Generating Company on its initial public offering, conversion to a joint stock company and listing on Muscat Securities Market.
  • Advised Principal shareholders on US$65 million sale of a stake in Gulf Energy Services as part of a US$ 1.1 billion combination with a Nasdaq-listed entity.
  • National Life & General Insurance Company on its OMR21 million IPO (the largest of Oman’s insurance IPOs) and listing on the Muscat Securities Market.
  • Muscat City Desalination Company on its OMR 6.5 million IPO of 35% of founder shares and listing on the Muscat Securities Market.
  • Advised ONICH in connection with its merger with OMINVEST (both listed companies).
  • Advised Renaissance Services SAOG on its issuance of $200 M dual-currency (USD/OMR) perpetual bonds, which were listed on the Irish Stock Exchange by a wholly owned subsidiary of Renaissance Services SAOG.
Recent Publications
  • LexisNexis Middle East Practice Notes 2021
  • Chambers and Partners Global Practice Guides – Corporate Governance 2020
  • Oman Merger Control– LexisNexis Merger Control Guide 2020
  • Merger Control Guide– International Finance Law Review
  • Oman Law Update2018- LexisNexis MENA Business Law Review
  • New code of corporate governance for publicly listed companies comes into force – IFLR 1000
  • Mergers & Acquisitions Law Guide 2017 – Lexis Nexis (English & Chinese)
Admissions
  • Solicitor of the Supreme Court of England and Wales, 2002
  • Solicitor of the High Court of Bombay, 1999
  • Advocate Bar Council of Maharashtra & Goa, 1997
Education
  • University of Bombay, Bachelor of Laws, 1996
  • University of Bombay, Bachelor of Commerce, 1993
Languages
  • English
  • Gujarati
  • Hindi
  • Marathi
  • Urdu

Ardeshir Patel

Partner

MUSCAT

+ 968 2482 9200
+ 968 2481 2256

Practice Area

Mergers and Acquisitions
Capital Markets
Corporate Finance and Structuring