Corporate / M&A
Corporate M&A
Amarchand Mangaldas advised DLF Home Developers on Rs 430 crore ($81.5m) sale of its subsidiary Haamid Real Estates to realty firm M3M India, which was advised by Desai & Diwanji.
Corporate M&A
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.
Corporate M&A
AZB & Partners Delhi and P&A Associates advised on the sale of AppLabs to Computer Sciences Corporation (CSC) for as much as Rs 1,200 crore ($253m).
Corporate M&A
Exclusive: DSK Legal’s Delhi office has scored the role advising Japanese telecoms major Softbank Corp on its $200m strategic investment in Bangalore-based mobile ad network InMobi, alongside four international firms.
Corporate M&A
Amarchand Mangaldas advised Tommy Hilfiger with Wachtell Lipton Rosen & Katz in its 50 per cent stake in joint venture partner Arvind Murjani Brands, which was advised by DM Harish & Co and Pryor Cashman.
Corporate M&A
Exclusive: S&R Associates is advising Vodafone Group on its disposal of 5.5 per cent of the shares in Vodafone Essar for $640m to Piramal Healthcare, which is relying on Amarchand Mangaldas as lead adviser with Linklaters and Slaughter and May, as well as Crawford Bayley and Stephenson Harwood.
Corporate M&A
Exclusive: Desai & Diwanji and Latham & Watkins have advised Vedanta group-owned iron ore producer and exporter Sesa Goa on its $90m (Rs 400 crore) buyout of Liberian company Western Cluster’s of majority stakes from mining major Elenilto Minerals & Mining.
Corporate M&A
J Sagar Associates (JSA) and US firm Covington & Burling advised Disney, which is seeking to buy-out its Indian partners in the UTV joint venture for $454m, with AZB & Partners advising UTV’s promoters.
Corporate M&A
Majmudar & Co, UK law firms Addleshaw Goddard and Eversheds have advised on the buyout of UK-based Ventura’s call centre business by FTSE-listed outsourcing company Capita for $94m.
Corporate M&A
Vaish Associates Advocates and Hyderabad-based law firm Harish Kumar & Associates have advised on French company De Dietrich Process Systems’ acquisition of Nile Limited’s glass-lined equipment and pressure vessels division business for Rs 58.5 crore in a slump sale.
Corporate M&A
Amarchand Mangaldas, French law firm Landwell & Associés and JDS Lawchambers have advised on Singapore-based Jacobs Engineering Group’s acquisition of India-incorporated Consulting Engineering Services (CES).
Corporate M&A
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.
Corporate M&A
J Sagar Associates (JSA) and Hogan Lovells have advised software research and development (R&D) services leader GlobalLogic on its acquisition of product and content engineering company Rofous Software.
Corporate M&A
J Sagar Associates (JSA) and Rajani Associates have advised on glass manufacturer Saint-Gobain’s acquisition of Sezal Glass's float glass unit in a slump sale for a reported sum of Rs 686 crore.
Corporate M&A
SNG & Partners Delhi, Desai & Diwanji and Bharat Forge’s in-house team structured the joint venture (JV) between Bharat Forge and engineering company David Brown Systems to produce gearboxes and transmissions.