Wadia Ghandy
Amarchand Mangaldas Delhi advised cinema chain PVR, which is buying rival chain Cinemax India by acquiring shares from the promoter – who are advised by Wadia Ghandy - and a subsequent open offer valued at around Rs 540 crore ($100m).
Desai & Diwanji advised hospitality group Interglobe hotels, on its multi-million dollar purchase of the issue share capital of steel maker Isha Steel Treatment, which was advised by Wadia Ghandy.
Desai & Dewanji Bombay partners Jai Diwanji and Ruzbeh Mistry, associate partner Sidhharth Mody, senior associate Shakti Singh Champawat and associate Karni Singh acted for the hotel developer, which is a joint venture between conglomerate Interglobe Enterprises and international hotel chain Accor.
Wadia Ghandy Mumbai partner Dhawal Mehta, senior associate Rati Lodha and associate Shruti Manglik acted for Isha Steel Treatment.
This fortnight’s deals package conspicuously features international investors, not only in terms of cross-border M&As and investments but also on the litigation side.
Mergers and joint ventures lead last month’s largest deals, while private equity, capital markets, litigation and competition policy also nestle in.
Last month’s largest deals and the legal advisers that guided and benefited from them.
AZB & Partners advised Nasdaq-listed information technology services company iGate Corp in its Rs 1,400 crore ($271m) voluntary delisting of its Mumbai-based unit Patni computer systems, which was jointly advised by Wadia Ghandy and international law firm Hogan Lovells.
The newsletter is back after a two month break. Catch up on all legal news and happenings you may have missed.
Exclusive: Wadia Ghandy & Co has hired two laterals as partner from in-house and from Freshfields Bruckhaus Deringer in London, and promoted two associates, growing its partnership to 28.
17 deals and cases in brief this week, spanning M&A, a raft of financings, private equity, debt and equity capital markets and litigation.
Four-month-old start-up Alliance Legal has advised Fourcee Infrastructure Equipments, with Economic Laws Practice (ELP), Wadia Ghandy and Amarchand Mangaldas respectively assisting the exiting, entering and continuing private equity investors Mayfield Fund, General Atlantic and India Equity Partners.
The latest and greatest deals and cases not yet covered, rounded up for you in one convenient bite-size package.
Read Legally India’s December and late November deals round-up to find out what friends and colleagues have been up to.
Mint exclusive: Mumbai solicitors’ firm Wadia Ghandy has opened up in Singapore, with three of its partners having secured licences to practise Indian law in the island nation.
Four senior counsel and Naik in SLP against immovable property rental service tax; AZB Bangalore Muthoot debentures; Universal-Wadia Ghandy Pizza Hut deal; Infrastructure India windfarm buy with 3 foreign firms and KhaiCo, MMB; ANM for Godrej in cyber squatter; Rs 200 crore P&A Kemrock buy; Amarchand Essar delisting.
Luthra & Luthra and Wadia Ghandy have advised on a minority stake acquisition in Ravi Jaipuria Corp’s Varun Beverages International by the private equity arm of Standard Chartered for Rs 250 crore ($56m).
Amarchand Mangaldas and Wadia Ghandy have advised on the latest $131m private equity (PE) funding of GMR Airports by PE firms Standard Chartered and JM Financial-Old Lane adding on to $200m raised from other PE funds in March this year.
MMB Legal advised education company Teamlease Services on its Rs 100 crore ($22.6m) fundraising ICICI Venture and Gaja Capital, advised by Wadia Ghandy Bangalore and DSK Legal in Mumbai.
Exclusive: Test prep company Career Launcher takes on Rs 50 crore private equity cash for school chain.
For the second year in a row Wadia Ghandy won the 2011 Mumbai ELP Masters Cricket Cup last weekend, besting Nishith Desai Associates (NDA) in the finals after Economic Laws Practice (ELP) was foiled by the flip of a coin in the semi-finals.