Rajani Singhania & Partners acted for online financial services marketplace Apna Paisa Marketing and Services and its promoters in its merger with Trilegal-advised Casa Capital Management, which is a financial services holding company.

Rajani Singhania Mumbai partner Preeti Balwani, with senior associate Swati Rout and associate Varun Shah acted for Apna Paisa, while Trilegal Mumbai partner Ashwyn Misra and associate Saswat Subasit acted for Casa Capital.

Casa will take a stake in Apna Paisa, while the Apna Paisa promoters will take compulsorily convertible preference shares of the equity share capital of the merged Apna and Casa entity, which is expected to complete within the next 18 months.

DSK Legal advised Kancor Ingredients in selling a majority stake to French company Mane SA, Switzerland which was advised by Crawford Bayley.

DSK managing partner Anand Desai with partner Ajay Shaw and senior associates Pragya Dhamija and Aditee Mohta acted for Kancor.

Crawford partner Sanjay Asher acted for Mane, which is an associate of V Mane Fils in France. Asher was assisted by principal associate Bhumika Batra and associates Sachita Shetty and Sanskriti Relekar.

The domestic food and beverages supplier Kancor entered into a joint venture with V Mane to develop export products, reported the Business Standard.

Khaitan & Co advised BMM Cements and its promoters on their Rs 560 crore ($90m) buy of Sagar Cements, which was advised by Tatva Legal.

Khaitan Bangalore partner Ganesh Prasad acted for BMM Cements. Tatva Hyderabad partners Shailendra Komatreddy and Rajeev Reddy acted for Sagar Cements.

The deal was approved by Hyderabad-based Sagar’s board of directors In September.

Desai & Diwanji acted for Hyderabad Chemicals and its shareholders in its Rs 450 crore sale of 74 per cent stake to Japanese listed company Nihon Nohyaku which was advised by J Sagar Associates (JSA).

D&D Mumbai partner Vihang Virkar and senior associate Ayesha Rai acted for Hyderabad Chemicals. Virkar said in an email: “The promoters of Hyderabad Chemicals are new clients of the firm and we look forward developing our association with them.”

JSA partner Vikram Ragani with Anand Lakra, Bir Bahadur Singh and Suren Sundaram acted for Nihon Nohyaku, with Japanese law firm Mori Hamada Masumoto.

The Rs 10,000-crore agrochemical industry in India is one of Asia’s largest markets and is expected to attract many more multinational companies for inbound M&A, reported the Economic Times.

Tatva Legal advised US-based technology company Brillio's subsidiary Brillio Technology in buying data analytics start up Ashley Marketelligent, which was advised by Samvad Partners. 

Tatva partners NK Dilip and Raghunath Anathapur and senior associate Rashmi Talukdar acted for Brillio. Samvad partner Neela Badami acted for Ashley. 

The deal is the latest in a list of recent M&As by technology companies in India, with Facebook buying Little Eye Labs and Yahoo snapping up Bookpad this year, reported the Economic Times.

J Sagar Associates (JSA) advised German shipping and logistics provider Dachser in acquiring 50 per cent shares of Dachser India from its local joint venture partner the AFL Group which was advised by AZB & Partners.

JSA Bombay M&A partner Sandeep Mehta, senior associate Arup Pereira and associates Punita Gupta and Adil Ladha acted for Dachser. AZB Mumbai partner Abhijit Joshi, senior associate Anand Shah and associate Navroz Vakil acted for the AFL Group.

This deal was part of a larger transaction by which Dascher acquired AFL's stake in a separate JV in Thailand and majority stake in another venture in Bangladesh, according to VC Circle.

Amarchand Mangaldas together with Japanese firm Anderson Mori & Tomotsune advised Sumitomo Corporation Japan, with Amarchand also advising SMAS Auto Leasing India on acquiring the auto leasing business of New Delhi-based Carzonrent, which was advised by Kochhar & Co. The acquisition was for Rs 200 crore, as reported by the Times of India.

Amarchand Delhi partner Puja Sondhi, principal associate Ramanuj Gopalan, senior associate Sushrut Biswal and associate Vasudha Sharma acted for Sumitomo and SMAS. Kochhar Delhi partner Niti Paul, senior associate Maureen Z Ralte and associate Akshit Kapoor acted for Carzonrent. [Correction: The first published story had the wrong first name for Kapoor. The error is regretted.]

SMAS, a Japanese automobile joint venture, enters the Indian market through this deal, reported Mint.

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