Talwar Thakore & Associates
Narayan Iyer, who had left Linklaters Singapore in 2009 to join the magic circle firm’s best friend Talwar Thakore & Associates, has been appointed as head of the India practice.
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.
Read on for the hottest M&As, fundraisings and financings of the fortnight.
Amarchand Mangaldas has reported the most M&A activity among Indian law firms this year, according to data provider mergermarket’s Q1-Q3 rankings.
Talwar Thakore & Associates partner will re-join Links.
Desai Diwanji, Freshfields, Linklaters, TTA sold German machining company to India auto maker
M&A and financings from the last three weeks starring Amarchand Mangaldas, AZB & Partners, J Sagar Associates (JSA), HSA Advocates, Khaitan & Co, Talwar Thakore & Associates, and Khaitan Sud & Partners.
This week’s instructions starring: Amarchand Mangaldas, AZB & Partners, Khaitan & Co, Vaish Associates, Talwar Thakore & Associates, Desai & Diwanji and Khaitan Sud & partners, with Linklaters, Cleary Gotlieb and WongPartnership
More deals than you can shake a stick at in our handy round-up of deals activity, with dozens of firms keeping busy.
Juris Corp, I&S Associates, Indus Law, MDP & Partners, along with Amarchand Mangaldas, AZB & Partners, Khaitan & Co, Luthra & Luthra, Trilegal and others kept busy on 15 selected deals.
M&As and capital markets transactions take a marginal lead over litigation, competition and private equity and venture capital deals, in our three-week roundup.
Desai & Diwanji has again reclaimed its throne as the busiest M&A firm in India having acted on 33 deals in the first three quarters of the year with Khaitan & Co also laying down improved M&A figures, while AZB & Partners, Talwar Thakore Associates and S&R Associates harvested the biggest value deals, also benefitting Linklaters and Allen & Overy.
Exclusive: Vishnu Jerome, who resigned from AZB & Partners in June, has started up the law firm Alliance Legal with fellow NLSIU Bangalore graduates Priyanka Roy and Ravi Kumar from J Sagar Associates (JSA) and Talwar Thakore Associates (TTA) respectively.
Exclusive: The Competition Commission of India (CCI) has dealt with the first M&A referred to it, clearing within 18 days the proposed takeover by Reliance Industrial Infrastructure of Bharti AXA Life Insurance Company, advised by AZB & Partners and Talwar Thakore Associates respectively.
Desai & Diwanji has advised on the most M&A mandates in the first half of the 2011 calendar year, with AZB & Partners having advised on far fewer deals than last year but still topping the mergermarket league table by value of transactions closely followed by Talwar Thakore Associates.
Talwar Thakore and Associates (TTA), Linklaters, Wadia Ghandy & Co, Simpson Thacher & Bartlett and Simmons & Simmons have advised on British company Serco’s acquisition of Indian business process outsourcing (BPO) Intelenet for $634m marking private equity (PE) firm Blackstone’s exit from the BPO.
Exclusive: Talwar Thakore & Associates (TTA) has hiked its starting graduate retainer salary to Rs 10.5 lakh alongside base pay-band increases of between 10 and 20 per cent across the board.
Linklaters best-friend firm Talwar Thakore & Associates (TTA) has promoted banking and finance managing associate Sonali Mahapatra to its partnership to take its ranks of partners back up to six.