Corporate & Commercial
Mergers & Acquisitions
Buy-side and sell-side execution on Bangladesh's largest inbound transactions, from diligence through regulatory clearance and completion.
- Chambers Global 2026 · Band 1, Corporate & Finance
- The Legal 500 · Tier 1, Corporate and M&A
- IFLR1000 · Financial and corporate
M&A in Bangladesh is rarely a single-document exercise. A share deal touches the Companies Act, foreign exchange control, sector regulators, tax on capital gains and — since the Competition Act came into force — merger-related competition analysis. A business or asset transfer adds conveyancing, employee transfer and licence novation on top.
Our M&A team runs the whole transaction: structuring, legal and title due diligence, transaction documents, conditions precedent management, regulatory clearances, closing mechanics and post-completion integration. We work routinely alongside international counsel as Bangladesh counsel on multi-jurisdictional deals, and we are used to deal timetables set in another time zone.
The practice is recognised for its work on energy, telecoms, financial services and infrastructure transactions, and has advised both strategic acquirers and private equity sponsors.
How we help
- Deal structuring and tax-efficient acquisition planning
- Legal, regulatory and title due diligence
- Share purchase, asset purchase and business transfer agreements
- Merger and amalgamation schemes before the High Court Division
- Competition and sector regulator clearances
- Warranty, indemnity and disclosure negotiation
- Post-completion integration, licensing and employee transfer
Representative matters
- Advised the Shanghai Stock Exchange and Shenzhen Stock Exchange consortium on the acquisition of a strategic stake in the Dhaka Stock Exchange under demutualisation.
- Acted as Bangladesh counsel to Ophir Energy on its acquisition of Santos' Bangladesh exploration assets, and on the subsequent Medco transaction.
- Advised Mitsubishi in connection with potential LNG asset acquisitions in Bangladesh.
Mandates in this practice
Shanghai and Shenzhen Stock Exchanges · Acquirer's counsel
Acquisition of a strategic stake in the Dhaka Stock Exchange on demutualisation
Mitsubishi · Local counsel
Advice on the potential acquisition of LNG assets in Bangladesh
Ophir Energy · Local counsel
Acquisition of Santos' Bangladesh exploration assets, and the subsequent Medco transaction
China Shandong Hi-Speed and Sinohydro · Acquirer's counsel
Acquisition of a 49% stake in the First Dhaka Elevated Expressway
Recent changes in the law
Higher threshold for repatriating capital without prior approval
Bangladesh Bank raised the value above which the repatriation of capital needs its prior approval, as reported in the US State Department's 2026 Investment Climate Statement. Exits and share sales below the new threshold can be remitted through an authorised dealer bank.
Our writing on this
- Invest Bangladesh replaces BIDA, BEZA and the PPP Authority: what changes for foreign investors
Since 20 August 2026 a single authority, Invest Bangladesh, has done the work of BIDA, BEZA and the PPP Authority. Registration, work permits and the one-stop service continue, but documents, contracts and checklists that name the old agencies need attention.
- Inbound M&A in Bangladesh: what has changed for foreign acquirers
Deal volume has concentrated in energy, financial services and consumer. The execution risks have moved — from approvals, to competition analysis, to the exit that has to be priced at entry.