Skip to content

Ezra Davids

Chairman and Senior Partner | Johannesburg

Ezra-Davids

Quick Search

Contact

T: +27 11 669 9320

E: ezra.davids@bowmanslaw.com

Overview

Ezra Davids is our chairman and senior partner. He specialises in both domestic and cross border mergers and acquisitions, capital markets and securities law, and is the relationship partner for a number of our major clients.

He has advised on some of the largest and most complex transactions on the African continent. He is the Chair of the Private Equity Sub-committee of the Corporate and M&A Committee of the International Bar Association.  

Experience

Some of the most recent transactions on which Ezra has advised, as our lead partner, include acting for:

  • PepsiCo on its USD 1.7 billion acquisition of Pioneer Foods, which was named Deal of the Year by DealMakers 2020. The acquisition was one of PepsiCo’s largest outside the United States;
  • SAB Miller in its combination with AB InBev (valued at ZAR 1.8 trillion/ USD 107 billion);
  • Tokyo Stock Exchange listed Kansai Paint Co. Ltd in its successful hostile bid for JSE Listed Freeworld Coatings Ltd (valued at ZAR 3.3 billion), which remains the first and only successful cross-border hostile bid in South Africa;
  • Bharti in its then proposed merger with MTN (valued at USD 24 billion);
  • Verizon Communications in the disposal of its subsidiary, Verizon Business (South Africa), to MTN;
  • M1 and Investcom in the latter’s acquisition by MTN (valued at USD 5.5 billion); 
  • Dis-Chem, a major South African pharmaceuticals retailer, on its recent IPO on the JSE (valued at ZAR 20 billion);
  • Alexander Forbes, a major South African financial services company, on its IPO on the JSE (ZAR 12 billion);
  • PPC, the largest cement company in South Africa, in successfully defending itself against an attempt to replace the entire board in the most high-profile example of shareholder activism in South Africa to date; and in its response to an approach by Afrisam to combine the largest and second largest cement manufacturers in South Africa;
  • Barrick Gold Corporation in its disposal of Barrick Gold South Africa (valued at USD 1.55 billion);
  • Goldman Sachs and Citigroup in the disposal by Polyus (Norilisk) of its entire shareholding in Gold Fields Ltd (valued at USD 2.02 billion);
  • PPC, in successfully defending itself against an attempt to replace the entire board in the most high-profile example of shareholder activism in South Africa to date; and in its response to an approach by Afrisam to combine the largest and second largest cement manufacturers in South Africa;
  • SABMiller in the USD 1 billion BEE transaction for its South African subsidiary; and
  • PPR in the disposal of its furniture and household goods business, Conforama, to JSE-listed Steinhoff International Holdings Ltd (valued at ZAR 12 billion).

Ezra is the relationship partner for several of the firm’s major clients such as Barrick Gold Corporation, Bharti, ExxonMobil, Goldman Sachs, Merrill Lynch, Microsoft, Orange, PepsiCo, Total, UPS and many others.

He is the former chairman of the Faculty Advisory Board of the Law School of the University of Cape Town and a serving member of the university’s council (board of governors); member of the board of trustees of the Legal Resources Trust and Freedom Under Law; director of the Social Justice Initiative; and a patron of the Student Sponsorship Programme (a non-profit organisation focusing on providing high school education to disadvantaged students).

He is also the former chairman of the Recent Developments in M&A Sub-Committee and a serving officer of the very same Corporate/M&A Committee of the International Bar Association.

Ezra is frequently recognised as a leading M&A lawyer by credible international rankings organisations. Most recently he was named a ‘Market Leader’ by IFLR.

He is a regular contributor to international M&A and equity capital markets publications and is co-contributor on the mergers’ chapter of the Modern Company Law textbook. 

Ezra was the first practising African lawyer to be featured on the front page of the American Lawyer.

Awards

  • Chambers and Partners ranked Ezra as “Star Individual” for his work in Corporate/M& A in 2024 and has consistently ranked Ezra, for the past ten years (2015 to 2024), in Band 1 in South Africa for Capital Markets:  Equity and in Band 1 for Corporate/M&A. He was also ranked in Band 2 for Corporate/M&A: Africa-wide, in 2018.
  • IFLR1000’s Financial and Corporate Guide rated Ezra as a Market Leader in South Africa for his work in Capital Markets: Debt, Capital Markets: Equity and M&A for two consecutive years (2021 and 2023) and prior to this, as Highly Regarded for three consecutive years (2018 to 2020).
  • Legal 500 inducted Ezra into their Hall of Fame for Commercial, Corporate and M&A for the past five years (2020 to 2024) and prior to that, recognised Ezra as a Leading Lawyer (2018 and 2019) and in Tier 1 (2015-2016) for the same category.
  • Who’s Who Legal recognised Ezra in its Thought Leaders Global Elite, for Mergers and Acquisitions and Corporate Governance for two consecutive years (2018-2019).
  • Best Lawyers recognised Ezra for his work in Corporate Law, Mergers and Acquisitions Law and Mining Law (2017).

“Ezra is always thoughtful and focused on targeted commercial outcomes.” – Chambers and Partners, 2024

‘‘Ezra has unrivalled connections within South Africa which can be invaluable in getting complex deals done.’ -Legal 500, 2024

“Ezra Davids is a leading lawyer in the South African market, with tremendous experience and expertise.”
“Ezra is a solid pair of hands.”
“Ezra Davids is excellent.” – Chambers and Partners, 2023

“Superior legal knowledge and skills.” – IFLR1000, 2023

AREA OF EXPERTISE

Qualifications

  • BA LLB degrees from UCT, HDip Tax from Wits University.
  • Certificate in Leadership in Law Firms from Harvard Law School.
  • Member of the Council of the University of Cape Town. 
  • Board member of the Legal Resources Centre, Freedom Under Law and Social Justice Initiative. 

INSIGHTS

The Law Reviews: Shareholder Rights and Activism 2023 – South Africa chapter South Africa: Investment strategies for foreign businesses Lexology Getting the Deal Through: Securities Finance 2023 – South African Chapter The International Comparative Legal Guide: Mergers & Acquisitions 2023 – South African Chapter The International Comparative Legal Guides: Environmental, Social & Governance Law 2023 – South African Chapter South Africa: Corporate Law Update – January 2023 The International Comparative Legal Guides: Foreign Direct Investment Regimes 2023 – Eastern and Southern Africa The Law Reviews: The Shareholder Rights and Activism Review – South African Chapter The Law Reviews: The Corporate Governance Review: South African Chapter The International Comparative Legal Guide: Mergers & Acquisitions 2022 – Sixteenth Edition: South African Chapter Lexology: The initial public offerings review: South African Chapter The International Comparative Legal Guide: Environmental, Social & Governance Law, 2022 – South Africa Chapter The Law Reviews: Corporate Governance: South African Chapter International comparative legal guide on Mergers & Acquisitions, 2021 – South Africa chapter The International Comparative Legal Guide – Environmental, Social & Governance Law 2021: South African Chapter The Law Reviews: Shareholder Rights and Activism: South African Chapter International Comparative Legal Guides: Corporate Governance 2020 The Law Reviews: Corporate Governance Review, 10th Edition, South Africa Chapter The Chambers Global Practice Guide on Corporate M&A Trends and Developments, 2020 – South Africa Chapter The Shareholder Rights and Activism Review – Edition 4 The International Comparative Legal Guide to: Corporate Governance 2019 Getting the Deal Through: Securities Finance 2018 The Shareholder Rights and Activism Review-South Africa Chapter Getting the Deal Through: Securities Finance 2017 Legal Week: Global M&A Guide 2017 Getting The Deal Through Market Intelligence: M&A in South Africa The Chambers Global Practice Guide on Corporate M&A South African Government proposes strategic partnership between the public and private sector Getting The Deal Through, Market Intelligence – Mergers & Acquisitions, South Africa
Brochures

Overview

Ezra Davids is our chairman and senior partner. He specialises in both domestic and cross border mergers and acquisitions, capital markets and securities law, and is the relationship partner for a number of our major clients.

He has advised on some of the largest and most complex transactions on the African continent. He is the Chair of the Private Equity Sub-committee of the Corporate and M&A Committee of the International Bar Association.  

Experience

Some of the most recent transactions on which Ezra has advised, as our lead partner, include acting for:

  • PepsiCo on its USD 1.7 billion acquisition of Pioneer Foods, which was named Deal of the Year by DealMakers 2020. The acquisition was one of PepsiCo’s largest outside the United States;
  • SAB Miller in its combination with AB InBev (valued at ZAR 1.8 trillion/ USD 107 billion);
  • Tokyo Stock Exchange listed Kansai Paint Co. Ltd in its successful hostile bid for JSE Listed Freeworld Coatings Ltd (valued at ZAR 3.3 billion), which remains the first and only successful cross-border hostile bid in South Africa;
  • Bharti in its then proposed merger with MTN (valued at USD 24 billion);
  • Verizon Communications in the disposal of its subsidiary, Verizon Business (South Africa), to MTN;
  • M1 and Investcom in the latter’s acquisition by MTN (valued at USD 5.5 billion); 
  • Dis-Chem, a major South African pharmaceuticals retailer, on its recent IPO on the JSE (valued at ZAR 20 billion);
  • Alexander Forbes, a major South African financial services company, on its IPO on the JSE (ZAR 12 billion);
  • PPC, the largest cement company in South Africa, in successfully defending itself against an attempt to replace the entire board in the most high-profile example of shareholder activism in South Africa to date; and in its response to an approach by Afrisam to combine the largest and second largest cement manufacturers in South Africa;
  • Barrick Gold Corporation in its disposal of Barrick Gold South Africa (valued at USD 1.55 billion);
  • Goldman Sachs and Citigroup in the disposal by Polyus (Norilisk) of its entire shareholding in Gold Fields Ltd (valued at USD 2.02 billion);
  • PPC, in successfully defending itself against an attempt to replace the entire board in the most high-profile example of shareholder activism in South Africa to date; and in its response to an approach by Afrisam to combine the largest and second largest cement manufacturers in South Africa;
  • SABMiller in the USD 1 billion BEE transaction for its South African subsidiary; and
  • PPR in the disposal of its furniture and household goods business, Conforama, to JSE-listed Steinhoff International Holdings Ltd (valued at ZAR 12 billion).

Ezra is the relationship partner for several of the firm’s major clients such as Barrick Gold Corporation, Bharti, ExxonMobil, Goldman Sachs, Merrill Lynch, Microsoft, Orange, PepsiCo, Total, UPS and many others.

He is the former chairman of the Faculty Advisory Board of the Law School of the University of Cape Town and a serving member of the university’s council (board of governors); member of the board of trustees of the Legal Resources Trust and Freedom Under Law; director of the Social Justice Initiative; and a patron of the Student Sponsorship Programme (a non-profit organisation focusing on providing high school education to disadvantaged students).

He is also the former chairman of the Recent Developments in M&A Sub-Committee and a serving officer of the very same Corporate/M&A Committee of the International Bar Association.

Ezra is frequently recognised as a leading M&A lawyer by credible international rankings organisations. Most recently he was named a ‘Market Leader’ by IFLR.

He is a regular contributor to international M&A and equity capital markets publications and is co-contributor on the mergers’ chapter of the Modern Company Law textbook. 

Ezra was the first practising African lawyer to be featured on the front page of the American Lawyer.

Awards

  • Chambers and Partners ranked Ezra as “Star Individual” for his work in Corporate/M& A in 2024 and has consistently ranked Ezra, for the past ten years (2015 to 2024), in Band 1 in South Africa for Capital Markets:  Equity and in Band 1 for Corporate/M&A. He was also ranked in Band 2 for Corporate/M&A: Africa-wide, in 2018.
  • IFLR1000’s Financial and Corporate Guide rated Ezra as a Market Leader in South Africa for his work in Capital Markets: Debt, Capital Markets: Equity and M&A for two consecutive years (2021 and 2023) and prior to this, as Highly Regarded for three consecutive years (2018 to 2020).
  • Legal 500 inducted Ezra into their Hall of Fame for Commercial, Corporate and M&A for the past five years (2020 to 2024) and prior to that, recognised Ezra as a Leading Lawyer (2018 and 2019) and in Tier 1 (2015-2016) for the same category.
  • Who’s Who Legal recognised Ezra in its Thought Leaders Global Elite, for Mergers and Acquisitions and Corporate Governance for two consecutive years (2018-2019).
  • Best Lawyers recognised Ezra for his work in Corporate Law, Mergers and Acquisitions Law and Mining Law (2017).

“Ezra is always thoughtful and focused on targeted commercial outcomes.” – Chambers and Partners, 2024

‘‘Ezra has unrivalled connections within South Africa which can be invaluable in getting complex deals done.’ -Legal 500, 2024

“Ezra Davids is a leading lawyer in the South African market, with tremendous experience and expertise.”
“Ezra is a solid pair of hands.”
“Ezra Davids is excellent.” – Chambers and Partners, 2023

“Superior legal knowledge and skills.” – IFLR1000, 2023

Keep up to date on the latest news

Our specialist practitioners share their knowledge and insights into a range of legal issues through various public speaking engagements, publications and media interactions. Subscribe to our legal updates to keep abreast of new developments.