Naftogaz invites companies to participate in an open bidding for investment banking services related to Naftogaz upstream assets in the Arab Republic of Egypt (ARE).
A selected advisor shall do the following:
- analyze and consult on the potential basis for sale (the current situation of the market of potential investors, similar deals finalized and planned, the best time for the deal(s), etc.) and measures to maximize investment value of the assets, which will enable Naftogaz to make a final decision on divestment of its assets in the ARE;
- list potential investors and options for their involvement;
- organize and hold negotiations with potential investors;
- structure and facilitate the deal(s) if relevant decisions are made and approved according to the current legislation and the company’s charter.
The KYC-questionnaire for bidders is prepared according to the compliance policy requirements, which are part of Naftogaz Anticorruption Program. Bidders shall disclose their ownership structure, ultimate beneficiary, association of their representatives with Naftogaz employees, sanctions applied by the National Security and Defense Council of Ukraine, the US or the EU, politicians among the owners, and other important information.
The bidding announcement was recommended by Naftogaz supervisory board. The study of the possibility to sell Naftogaz assets in Egypt is done in accordance with the findings of the comprehensive strategic analysis of Naftogaz Group’s business and the development of its strategic goals.
The expected value of services is up to USD1.45 million.
The services shall be delivered by 31 December 2018.
Through the open bidding, Naftogaz aims to select a contractor who will provide high quality services and offer the most competitive conditions.
The bidding participants must satisfy the qualification criteria: relevant qualification of employees, proven implementation of a similar agreement, offices in Europe and/or the Middle East and/or North Africa. Besides that, the participants must be listed among the top 25 financial advisors in Announced M&A Agreements in Europe, the Middle East and Africa of Thomson Reuters Mergers and Acquisitions Review 2016 or among the top 20 financial advisors in Announced Agreements Africa and the Middle East (any participation) published by Bloomberg Finance L.P. in Global M&A Review. Financial Ratings 2016.
Deadline for bidding proposals: 10:00 a.m., 3 May 2017.
More information on the bidding conditions is available at Prozorro e-procurement website: https://prozorro.gov.ua/tender/UA-2017-03-31-001899-b.
For additional information and to request application forms in Word and Excel formats, please contact us by phone: +38 044 586 3768 or email: firstname.lastname@example.org.
NJSC Naftogaz of Ukraine