Trilegal Advised IndiaRF In Acquisition Of Controlling Stake In Anthea Aromatics For 1000 Crore
Trilegal advised India Resurgence Fund (IndiaRF), in its acquisition of a controlling stake in Anthea Aromatics (one of India’s oldest aroma chemical companies), for upto Rs. 1000 Crore.
Trilegal’s Corporate Team advising on the matter was led by Partner Harsh Jain, who was supported by Counsels Prarthna Baranwal and Anamika Ray, Senior Associates Swarnima Mukherjee, Chandni Ochani and Jatin Sharma, Associates Suyash Bhamore, Divyansh Nayar, Akhil Kumar, Manya Chhabra and Ishika Kansal.
The Banking and Finance Team advising on the matter was led by Partner Prasan Dhar, who was supported by Counsel Aditya Gupta. The Labour and Employment Team was led by Partner Parvathy Tharamel.
The Environmental Compliances Team was led by Partner Rajat Jariwal and comprised Counsel S. Abhishek Iyer, Associates Prerna Singh and Shatakshi Tripathi. Trilegal’s Real Estate Team was led by Partner Samira Lalani and comprised of Senior Associates Krushanu Pandya, Shalaka Mehta, and Swarnali Chanda.
The Technology, Media, and Telecommunications Team was led by Partner Jaideep Reddy who was supported by Senior Associate Akshaya Parthasarathy and Associate Amala Govindarajan. The Anti-Bribery and Anti-Corruption, Due Diligence team was led by Partner Kunal Gupta, who was supported by Senior Manager Payal Jain, Senior Associates Kunal Gupta and Sahil Bansal, and Associate Ambar Modi.
Source: Trilegal’s LinkedIn Page
Luthra & Luthra Advised JSW & JFE Steel Consortium On Acquisition Of thyssenkrupp’s Indian Unit
Luthra and Luthra Law Offices India advised a consortium of JSW Steel and JFE Steel Corporation on its proposed acquisition of thyssenkrupp Electrical Steel India Private Limited, the Indian unit of German steel manufacturer thyssenkrupp Electrical Steel, Germany for a consideration of INR 4051 Crore. The closing of the transaction is subject to receipt of […]
Cyril Amarchand Acts As Legal Counsel To Nazara Tech In Rs. 855 Cr Preferential Allotment Of Shares
Cyril Amarchand Mangaldas acted as the legal counsel to Nazara Technologies Limited in its INR 855 crore Preferential Allotment of 89,59,728 fully paid-up equity shares to certain identified investors (i.e. SBI Innovative Opportunities Fund (Scheme of SBI Mutual Fund), Junomoneta, Finsol Private Limited, Think India Opportunities Master Fund LP, Discovery Global Opportunity Mauritius Limited, Siddhartha Sacheti, Mithun Sacheti, Cohesion MK Best Ideas Sub-Trust, Chartered Finance and Leasing Limited, Ratnabali Investment Private Limited, Meenakshi Mercantiles Limited and Aamara Capital Private Limited).
Transaction Team included Partner Archit Bhatnagar, Senior Associate Nikita Singhi and Associate Sanskruti Kulkarni.
Source: Cyril Amarchand’s LinkedIn Page
AZB & Partners Advised PAG Pvt Equity On Acquisition Of Manjushree Technopack For $1 Billion
AZB & Partners advised PAG private equity on its proposed acquisition of Manjushree Technopack Limited from Advent International. PAG is set to acquire the 97% stake owned by US based private equity investor Advent International for Rs. 8400 Crore.
The deal team comprised our Senior Partners Ashwath Rau and Kashish Bhatia, Senior Associates A. Robin Singh, Chitrangda Singh, Aditi Shukla and Dishti Kaji, and Associates Taruni Kavuri and Parisha Dhebar.
Source: AZB & Partners’ LinkedIn Page
Cyril Amarchand Advised NSE Investments On Sale Of Equity Shares Of Protean eGov Technologies
Cyril Amarchand Mangaldas advised NSE Investments Limited on the offer for sale of equity shares of face value ₹10 each of Protean eGov Technologies Limited, through the stock exchange mechanism. Spark Institutional Equities Private Limited (a subsidiary of Avendus Capital Private Limited) and Citigroup Global Markets India Private Limited, acted as the brokers to the Offer. NSE Investments Limited sold 82,34,605 Equity Shares representing 20.31% of the total issued and paid-up Equity Share capital of the Company. The transaction team comprised of Aashima Johur, Krupa Brahmbhatt and Nayanika Gupta.
Source: Cyril Amarchand Mangaldas’ LinkedIn Page
DSK Legal Advised Eternis Fine Chemicals In Acquisition Of Sharon Personal Care
DSK Legal assisted and advised Eternis Fine Chemicals Limited and Eternis Fine Chemicals UK Ltd in relation to acquisition of 100% shareholding of Sharon Personal Care (Sharon PC) having manufacturing capabilities and innovation labs in Italy and Israel, distribution sites in US, Italy, Germany, and France as well as a global distribution network, from Tene Capital Fund and Burstein Family. The Transaction involved various complexities and spread across multiple jurisdictions including Israel, Italy, United Kingdom, India and the United States.
The Transaction involved advisors from multiple jurisdictions, across the globe. The advisors representing Eternis on the Transaction involved Rothschild & Co (as the financial advisor), Mayer Brown (London), Goldfarb Gross Seligman (Israel) and PedersoliGattai (Italy) (as the foreign legal advisors and for conducting legal due diligence on Sharon PC and its subsidiaries) and Ernst & Young (as the financial & tax due diligence advisor). The sellers, Tene Capital Fund and Burstein Family were represented by Jefferies LLC (as the financial advisor), Erdinast, Ben Nathan, Toledano & Co. (as the legal advisor) and KPMG (as the tax advisor).
The transaction team at DSK Legal representing Eternis comprised of Partners Aparajit Bhattacharya, Harvinder Singh, Associate Partner Shruti Dogra and Senior Associate Manhar Gulani.
The competition team included Partner Abhishek Singh Baghel, Associates Shivam Sharma and Ishan Handa.
Partner Aparajit Bhattacharya acted as the relationship partner and the lead engagement partner for Eternis on the Transaction.
AZB & Partners Advises Ness Digital Engineering In Acquisition Of Raja Software Labs
AZB & Partners Advises Ness Digital Engineering In Acquisition Of Raja Software Labs
AZB & Partners advised Ness Digital Engineering, a portfolio company recently acquired by leading global investment firm KKR, on its acquisition of 100% stake in Raja Software Labs.
AZB & Partners’ M&A transaction team comprising Senior Partner Ashwath Rau, Partner John Raghav, Associates Aditi Bhargava and Sakshi Jha worked on the deal. Along with the corporate diligence team which included Associates Kunal Pradhan, Aditi Bhargava and Sakshi Jha; employment diligence team comprised Partner Ajay Singh Solanki, Senior Associate Anushka Pemmaya and Associate Shloka Jain; real estate and IP diligence team comprising Senior Associates Rashmee Kumar and Prateek Jariwal; and antitrust aspects were handled by Partner Bharat V Budholia and Associate Shaurya Kumar.
Source: AZB & Partners’ LinkedIn Page
Khaitan & Co. Advised Stellaris Ventures On Setting Up Its Third Fund With $300 Million Corpus
Khaitan & Co advised Stellaris Ventures on setting up its third fund in India with a $300 Million Corpus and a fund in GIFT-City. Khaitan & Co also assisted with investor discussions concerning investments in these funds. The deal team included Siddharth Shah, Vivek Mimani, Gaurita Udiyawar, Chirayu Heddthale, and Riddhi Maroo. Source: […]
HSA Advocates Advised VISL On Concession Agreement Between Govt Of Kerala & Adani Ports
HSA Advocates advised Vizhinjam International Seaport Limited (VISL) on the supplementary concession agreement executed by and between the Government of Kerala (GoK) and Adani Vizhinjam Port Private Limited (AVPPL), a subsidiary of Adani Ports and SEZ Limited, for the development of Vizhinjam International Deepwater Multipurpose Seaport (Port), amending the concession agreement dated August 17, 2015.
VISL is the GoK agency authorised and entrusted to act as the implementing agency for the project and to exercise the rights granted to the GoK under the concession agreement.
HSA Advocates advised and assisted VISL in drafting, structuring, negotiating and finalizing the supplementary concession agreement, including provisions and understanding thereunder in relation to the revenue sharing model, further financing, railway connectivity and capacity augmentation.
The HSA team was led by Founding Partner Hemant Sahai, Partner Soumya De Mallik, with assistance from Principal Associate Prithviraj Chauhan and Associate Meghana R.
Source: HSA Advocates’ LinkedIn Page
Luthra & Luthra Advised The US Govt On Transfer Of ‘The American Center’ To House Of Abhinandan Lodha
Luthra & Luthra Advised The U.S. Government On Transfer Of ‘The American Center’ To House Of Abhinandan Lodha
Luthra and Luthra Law Offices India advised the Government of the United States of America on the transfer of its property- the ‘American Center’, to the House of Abhinandan Lodha group; one of the premier real estate developers in India.
The Luthra team advised the US Government (represented by the US Consulate in Mumbai), on all aspects entailing the vendor’s due diligence, tax advisory, bidding process for the sale and drafting-cum-negotiations on the bidding memorandum, sale documents and registration process in Mumbai.
This transaction was led by Partner, Vaibhav Suri and Managing Associate, Manjul Mantri.
Counsel who advised on other aspects of the transaction included Partner Sanjeev Sachdeva and Senior Associate Nikhil Kapoor on the applicability of GST on the transfer and exemption available to the U. S. Government. Partner Rubal Bansal Maini on the income tax aspects. Partner Harish Kumar along with Partner Itee Singhal and Managing Associate Aman Nijhawan on the Ministry of External Affairs’ approval.
Source: Luthra & Luthra Law Office’s LinkedIn Page
