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DMD, Khaitan, Suresh Surana act on US ad agency Periscope sale to Quad/Graphics

tags: DMD Advocates, Suresh Surana & Associates, Moss & Barnett, Guantao & Chow, Khaitan & Co, Reinhart Boerner Van Deuren, Eversheds Sutherland, MOLITOR Avocats à la Cour SARL

US magazine printer Quad/Graphics bought Minneapolis ad agency Periscope and its subsidiaries in Hong Kong and India for $132.5m, reported the Wall Street Journal.

DMD Advocates advised Periscope led by partner Sumit Sinha, principal associate Raja Kishore and associate Kaushal Prabhat on the sale of its India operations.

Suresh Surana & Associates partner Ravinder Pal Singh advised Periscope on the tax and secretarial aspects of the deal.

US law firm Moss & Barnett advised Periscope on the overall sale of its business to Quad/Graphics supported by Guantao & Chow for Hong Kong matters.

Khaitan & Co advised Quad/Graphics led by partners Rabindra Jhunjhunwala and Ritu Shaktawat, counsel Stuti Galiya, senior associate Avantika Govil, and associates Sneh Shah and Yamini Kumar.

US law firm Reinhart Boerner Van Deuren acted for Quad/Graphics.

Eversheds Sutherland acted for Quad/Graphics.

Luxembourg-based MOLITOR Avocats à la Cour SARL, acted in the Netherlands for Quad/Graphics.

Primary jurisdiction of deal: US

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