Corporate
[APRIL FOOLS] Bhasin scoops retired Slaughters partner and England cricketer Francis Neate

Internal partner promo bonanza at Khaitan & Co: 7 get the nod

Platinum, Freshfields for Japan Arysta in large India pharmaceutical buy
Khaitan & Co, Platinum Partners and Freshfields Bruckhaus Deringer have advised on a majority stake acquisition of Mumbai-based agrochemicals company Devidayal Sales by Japanese Arysta LifeScience.
Platinum expands partnership to 5 from Mumbai
Exclusive: Platinum Partners has promoted Mumbai senior associate Yashasvi Mohanram to its partnership, who joined the firm last year from White & Case Singapore.
Khaitan, Trilegal turn leaf on $423m paper maker acquisition
Khaitan & Co and Trilegal have advised on US-based International Paper’s 53 per cent acquisition of Andhra Pradesh Paper Mills (APPM) for $247m in cash along with $62m as seller’s non-compete fee.
DSK splits with two Delhi partners, hires one lateral for rapid growth

Lalit Bhasin to champion artistic freedom as movie censor while curbing ‘blood baths’

AZB on both sides of Reliance-DE Shaw JV with Covingtons, Debevoise
AZB & Partners’ Mumbai and Delhi offices advised on both sides of the financial services joint venture between India’s largest private sector enterprise Reliance Industries and US investment group D E Shaw with Debevoise & Plimpton and Covington & Burling.
AZB, JSA, SullCrom give Goldmans Rs 130 cr Benchmark in Indian FM
AZB & Partners, J Sagar Associates (JSA) and Sullivan & Cromwell have advised on Goldman Sachs’s complete acquisition of Indian asset management company Benchmark Asset for a reported Rs 130 crore to expand its foothold in the six trillion rupee Indian fund management industry.
KhaiCo on ‘marquee deal’ EPC divestment to clear way for Welspun JV
Khaitan & Co advised longstanding clients Leighton International in divesting its its stake in Oriental Pathways to target infrastructure development activities with joint venture partner Welspun, which in December of last year bought a 35 per cent stake of Leighton’s Indian unit for Rs 470 crore.
Ex-Amarchand partner Hariharan joins Barings PE to head up S. Asia legal

Talwar Thakore gets sixth partner but has work to do on leverage
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.
Four top Indian, 1 Japanese firm roll out Hero Honda $851m JV exit
AZB & Partners, Desai & Diwanji, J Sagar Associates (JSA), Khaitan & Co and Japanese law firm Nagashima Ohno & Tsunematsu have advised on Hero Investments’ acquisition of Honda Motors’s 26 per cent stake in joint venture Hero Honda Motors for $851 million.
Khaitan, Chitale advise on $19m PE injection into smells company
Khaitan & Co and Chitale Law Associates have advised on a $19m private equity infusion in Mumbai-based aroma chemicals manufacturer Privi Organics by Standard Chartered.
Vidhii to open in Kolkata with new partner from legacy firm

Tatas sells $48m Ginger Hotels group stake to Singapore with AZB, Amarchand
Amarchand Mangaldas and AZB & Partners have advised on Tata-owned Indian Hotels’ minority stake sale in subsidiary Roots Corporation to Singapore-based Omega TC Holdings for Rs 150 crore.
DSK enters Bangalore, absorbs law firm of Ajesh Kumar

Majmudar faces Wockhardt winding-up bullet from DSK, Juris Corp

Five firms restructure Vishal, sell to TPG, Shriram
AZB & Partners, Kochhar & Co, Trilegal, Zeus Law Associates, and Cleary Gottlieb Steen & Hamilton have advised on public listed Vishal Retail’s slump sale to private equity (PE) firm TPG and the Shriram Group for Rs 70 crore.
Norton Rose Africa scoops $750m Essar Steel Zimbabwe buy-out with AZB, others
AZB & Partners and Norton Rose’s African merger partner have advised India’s Essar Group on its majority stake take-over of Zimbabwe’s state-owned steel unit Zimbabwe Iron and Steel Company (ZISCO) for $750m.