Bharucha & Partners advised social media giant Twitter on its first acquisition in India, in its $30m buy of missed-call marketing platform ZipDial Mobile Solutions, which was advised by AZB & Partners.
You may have noticed that Legally India's once-much-beloved newsletter of 122 issues had sadly been on a multi-year hiatus. Well, it’s back.
Breaking: AZB Mumbai star partner Essaji Vahanvati goes part-time for family business, ‘hopes to join back’ in 6
AZB & Partners Mumbai partner Essaji Vahanvati will go part-time at the firm from tomorrow (15 January).
Former Clifford Chance senior associate Rishi Gautam will join AZB & Partners in Mumbai as a corporate partner in January.
- Category: Private equity / VC
- Published on Fri, 28 Nov '14, 16:26
- Written by Prachi Shrivastava
J Sagar Associates (JSA) and AZB & Partners advised the promoters of Curatio Health Care on the Rs 95 crore sale of 33.36 per cent of its stake to Sequoia, which was advised by Khaitan & Co and Themis Law Associates.
JSA Chennai partner Aarthi Sivanandh, senior associate Tamara Devanandan and associates Revathi Muralidharan, Sahana Raghunathan and Bharath Sridhar and AZB Mumbai partner Essaji Vahanvati and associate Manan Mehta acted for the promoters.
Khaitan Bangalore partner Ganesh Prasad and associates Vineet Shingal and Mukund Thirumalai Srikanth together Themis senior associate Ashwani Verma and Dheeraj Khanna and associate Hardik Bhatia acted for Sequoia.
Sequoia has made 12 healthcare investments in India, including this deal, spread across verticals such as diagnostic services, healthcare IT, patient services, pharmaceuticals, and product development services, reported the Times of India.
AZB abandons beloved Express Towers home for ‘spectacular’ new Parel office (will last firm in SoBo please turn off the lights?)
AZB & Partners Mumbai office, except for the litigation team, will be moving from its South-Mumbai Express Towers office into Lower Parel by next year.
Amarchand Mangaldas together with Al Tamimi advised Warburg Pincus, which invested around Rs 1,200 crore for a 10 per cent stake in Kalyan Jewellers, advised by AZB & Partners.
Another Induslaw tech start-up, PropTiger, grows up with $30m injection from Rupert Murdoch’s News Corp, again opposite AZB
One lawyer’s secret to making start-ups pay: Indus drives Olacabs to $210m SoftBank fundraising opposite AZB, MoFo
- Category: Private equity / VC
- Published on Tue, 25 Nov '14, 13:12
- Written by Kian Ganz & Prachi Shrivastava
Induslaw advised online and app-based taxi booking service Olacabs in raising Rs 1281 crore ($210m) from SoftBank, which was advised by AZB & Partners and Morrison Foerster.
Majmudar & Partners equity partner and infrastructure and projects practice head Prashanth Sabeshan left the firm today to join AZB & Partners as a partner next week.
Linklaters and Talwar Thakore Associates (TTA) advised the lending and underwriting banks on Tata Steel UK Holdings, which took a term loan and revolving credit facilities of $3.05bn to refinance its bank debt.
Linklaters London partner Narayan Iyer, who had rejoined Linklaters a year ago from TTA, and Singapore partner Philip Badge, and capital markets partner Kevin Wong and TTA partner Rahul Gulati acted for the banks.
JSA and Slaughter & May advised Tata.
The new financing structure consists of a five-year loan of a €370 million, a six-year revolving credit facility for working capital of £700 million and a seven-year loan of €1.8 billion, with more favourable terms and pricing relative to the earlier debt, reported Mint.
AZB latest firm to hire foreign competition lawyer for ‘global perspective’: Lands Australian Fadi Metanios
AZB & Partners has hired the Australian Competition and Consumer Commission’s (ACCC) former assistant director Fadi Metanios as a senior consultant in its Delhi competition team.
AZB & Partners senior partner and chief executive officer (CEO) Abhijit Joshi will leave by 15 November.
Wadia Ghandy partner Vijay Sureka joined AZB & Partners as a senior associate in Mumbai on 1 October.
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.
AZB & Partners advised dialysis service provider DaVita Healthcare Partners in buying 49 per cent stake in Express Clinics which was advised by Economic Laws Practice (ELP).
AZB Mumbai partner Alka Nalavadi and senior associates Percis Anklesaria, Vijay Manjrekar and Arvind Ramesh acted for Davita.
ELP Mumbai partner Sujjain Talwar, associate partner Vinayak Burman, senior associate Archana Khosla and associate Amoolya Narayan acted for Express and its existing shareholders Somerset and Lotus Management.
DaVita had entered the Indian subcontinent in 2011, acquiring a strategic stake in NEA backed NephroLife Care according to Deal Curry.
SEBI pummels DLF & directors, rep’d by Dwarkadas, Shroff, Sundaresan, after mendacious IPO under 5 top law firms
SEBI has banned real estate giant DLF and six managers from the capital markets for three years after a finding of fraud.
J Sagar Associates advised Bay Capital Investment Managers and the promoters of Sterling Holiday Resorts India on selling Sterling for Rs 870 crore to the Prem Watsa-backed Thomas Cook India, which was advised by AZB & Partners.
JSA Mumbai partners Sandeep Mehta and Rajesh Pal and senior associate Malav Shah acted for Bay Capital and Sterling’s promoters. AZB partner Ashwin Ramanathan, senior associate Bhavi Sanghvi and associate Rinki Ganguli acted for Thomas Cook.
This is Thomas Cook India's second purchase after Ikya Human Solutions in February 2013 and marks its foray into the hospitality sector, reported the TOI.