Jurisdictions worked in: South Africa and United States of America (New York).

Njabulo has advised:

• Allianz SE, one of the world’s leading insurers and asset managers, in the establishment of a joint venture with South African financial services group, Sanlam, which is intended to combine the African businesses of both companies to form the largest non-banking financial services company in Africa, in a transaction valued at ZAR 33 billion.
• Quexco, a U.S based acquirer, in relation to the acquisition of Metair Akü Holding Anonim Şirketi, which manufactures and trades energy storage products and solutions in Turkey, from JSE-listed Metair.
• WEG Industries, a Brazilian acquirer, in relation to the acquisition of a dedicated industrial motor and generator business from US group, Regal Rexnord Corporation.
• EDF Renewables South Africa, the local renewable energy arm of global utility Électricité de France, in the establishment of a joint venture with Anglo American (Envusa Energy), which is intended to develop a regional renewable energy ecosystem across 10 African countries to meet Anglo American’s target of carbon neutral operations by 2040 and support the wider decarbonization of energy in the region.
• Kuehne + Nagel, one of the world’s leading logistics companies, in relation to a series of interlinked transactions regarding the acquisition of Morgan Cargo, a leading South African, UK and Kenyan freight forwarder specialised in the transport and handling of perishable goods.
• A consortium comprising Thesele Motors, Mortimer Motors and Hallmark Motors, in relation to the acquisition of Bidvest Car Rental (now Bluu Car Rental) and the implementation of Bluu Car Rental’s employee share ownership plan (ESOP).
• Glencore Energy UK, in relation to its acquisition of 75% of the entire issued share capital of Chevron South Africa and 100% of the entire issued share capital of Chevron Botswana, in a transaction valued at USD 973 million.
• Vimy Resources, in relation to its merger with Australia-based uranium explorer, Deep Yellow, in an all-stock deal worth approximately USD 492 million.
• Harith General Partners, majority shareholder of Takatso Aviation Proprietary Limited, the selected strategic equity partner in the proposed acquisition of 51% of South African Airways SOC Limited.
• Comair Limited, a South African-based airline at the time, in relation to an equity raise for an aggregate amount of ZAR 500 million and the subsequent delisting of Comair Limited from the Johannesburg Stock Exchange.
• The shareholders of Sorbet in relation to their disposal of the entire issued share capital of Sorbet to Long4Life in a transaction valued at ZAR 116 million.
• Steinhoff International. and its subsidiary, Ainsley Holdings, in relation to the sell-down by Ainsley Holdings of its shareholding in Pepkor Holdings, for an aggregate amount of ZAR 7.3 billion.