Baring Private Equity Asia is set to take a minority stake in cement maker Lafarge India for $265m (Rs 1400 crore), with three domestic firms and two foreign law firms advising on the deal.

Lafarge was represented domestically by AZB & Partners on law and BMR & Associates on tax issues, with Cleary Gottlieb Steen & Hamilton advising on non-Indian laws. AZB fielded Mumbai partner Essaji Vahanvati, BMR led with partner Kalpesh Desai. Clearys’ team consisted of Paris partner Pierre-Yves Chabert and associate Charles Masson.

Baring drafted in Wadia Ghandy Bangalore partner Ankit Majmudar and Allen & Overy (A&O) Paris partner Frederic Jungels.

Baring will subscribe to 200 million Euros of shares in a Lafarge subsidiary, giving the private equity house a 14 per cent stake, according to a press release from Cleary. The deal is slated as the largest in the private equity space in India so far this year, according to the WSJ.