Dentons has advised Areej Vegetable Oils & Derivatives SAOG (now SAOC) ("Areej"), on its de-listing from the primary market of the Muscat Securities Market and its conversion from a public joint stock company to a closed joint stock company. Areej is a leading manufacturer and distributor of vegetable oils and their derivatives to institutional and wholesale buyers, primarily in the Middle East. The de-listing process followed certain majority shareholders offering and subsequently acquiring shares from a variety of minority shareholders.

Dentons' Co-Managing Partner and Head of Corporate in Muscat, Nick Simpson, said, "It was a privilege to work on this transaction with a client of such repute. This is one of the few de-listings to have taken place in Oman over the last 12 months, and our Corporate team, which is highly experienced in working with publically listed companies, was well placed to assist on this transaction."

The Dentons team in Muscat was led by Nick Simpson who was assisted by Corporate associate Abdulredha Al Lawati.