Nathalie Zanardo
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Nathalie Zanardo

Counsel

Nathalie is a corporate and commercial lawyer with a strong track record in mergers & acquisitions, private equity and foreign investments across Africa.
 

She has extensive experience advising on both domestic and cross-border transactions in Morocco and Sub-Saharan Africa. She regularly advises clients across a wide range of sectors, including education, healthcare, financial services, energy, infrastructure, and consumer goods, on strategic transactions and investments throughout Africa. Her experience includes leading numerous complex and high-profile M&A transactions involving listed and non-listed companies, joint ventures, and greenfield projects, often spanning multiple jurisdictions and legal systems.

In addition to transactional work, she assists clients with corporate governance and regulatory matters, including antitrust and foreign exchange issues, helping them navigate evolving regulatory frameworks with a practical and commercially focused approach. 

Nathalie is recognized as a leading practitioner in her field by several international legal directories and publications.

Expertise

Industries

Experience

Representative matters

  • A pool of Moroccan institutional investors on their acquisition from the Wilmar group of its entire stake in Cosumar S.A., a company listed in the Casablanca Stock Exchange, representing 30.05% of the share capital, in consideration of a price of circa. USD 600 million.
  • Tana and Saham on the sale to Globeducate of a majority stake in their education business in Morocco.
  • Sanlam group on the sale to the Ivorian group NSIA of four of its insurance subsidiaries based in Togo, Gabon, Congo and Guinea.
  • Amethis on its exit from the capital of CFG Bank  Development Partners International on the sale of 14.81% of the share capital of CMGP Group to Fipar Holding.

Qualifications

Academic

Master in business law, Paris XI University 2006

Master in Management & Business Law, HEC (Paris) business school, 2006

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.