Privatisation of the National Insurance Corporation of Uganda (NIC)

Region: East Africa
Country: Uganda

ASI were lead advisors to the Government of Uganda for the sale of a strategic stake in the National Insurance Corporation of Uganda (NIC). The transaction was brought to a successful conclusion within the project deadline. Our work included:

  • Financial, operational and legal due diligence
  • Share valuation of the company
  • Real estate valuation
  • Preparation of the Information Memorandum and bidding documents
  • Preparation of a marketing plan
  • Advice on bid evaluation
  • Advice on communications
  • Negotiations with prospective buyers