Majmudar & Partners
Majmudar & Partners has promoted Amrit Mehta to associate partner level in Mumbai.
Otsuka Pharmaceutical Factory, Inc, a leading Japanese pharmaceuticals manufacturing company, has announced a proposal to acquire an additional 20% stake from its joint venture partner, Claris Lifesciences Limited for a consideration of about Rs 128.9 crores (US$20 million) in its existing Indian joint venture, Otsuka Pharmaceutical India Private Limited, as reported by Business Standard.
HDFC Standard Life Insurance, a joint venture between HDFC and Standard Life, will be absorbing Max Life Insurance and Max Financial Services, according to reports, in what is billed as the biggest ever consolidation in the private insurance space in India.
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.
Read on for the hottest M&As, fundraisings and financings of the fortnight.
Majmudar & Partner senior associates Tejus Cherian and Vinod Kamath left the firm in April to start up corporate law firm CK Juris in Bangalore in June.
The markets are picking up it looks like – here’s the round-up of what firms have been getting up to.
Deals round-up of more than a dozen recent instructions.
Majmudar & Partners and US law firm Kim Law Advisors advised San Francisco’s Burill & Company in its Rs 54 crore ($10m) primary and secondary investment in the Trilegal-advised Bangalore-based Strand Life Sciences, including buying out its lead investors WestBridge Capital and Ascent Capital. WestBridge was advised by AZB & Partners.
Majmudar Bangalore partner N Raja Sujith acted for Burill which is a diversified global financial services firm focussed on the life sciences sector.
Trilegal Bangalore partner Kosturi Ghosh acted for Strand in what Biospectrum Asia reported was a series B financing by Burill.
AZB & Partners Bangalore partner Srinath Dasari acted for WestBridge – a series A lead investor in Strand, which according to Startup Central had picked up a 20 per cent stake in the company for a reported $1.9m in 2002.
Former Juris Corp banking of counsel Fraser M Alexander will join Majmudar & Partners on Monday, having left on 28 January after six years with the firm.
Amarchand, Luthra, Khaitan, JSA, AZB, ARA, Rajani, HSA, KSP and Majmudar lead in the latest round-up of intercontinental multi-million dollar deals...
More deals than you can shake a stick at in our handy round-up of deals activity, with dozens of firms keeping busy.
Fourteen law firms kept busy in a sideways economy with 14 deals in corporate, private equity and banking and finance. Find out what the industry has been up to.
Majmudar & Co has rebranded as Majmudar & Partners after promoting February lateral hire Prashanth Sabeshan into its equity partnership, which now stands at six partners.
Six deals in brief covering capital markets, M&A, competition law and more.
17 deals and cases in brief this week, spanning M&A, a raft of financings, private equity, debt and equity capital markets and litigation.