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The latest deals involving Indian companies and law firms.

Leapfrog Investment bought a Rs 174 crore ($29m) stake in IFMR Capital Finance, advised by Desai & Diwanji and Trilegal.

Trilegal and Japanese firm Mori Hamada & Matsumoto (MHM) advised Japanese metal giant Hitachi Metals in buying a majority stake in two Vikas Group entities.

KoovsKhaitan & Co advised Indian online fashion shop Koovs on its Rs 224.5 cr listing on the London Stock Exchange’s smaller cousin, with English law firms Osborne Clarke, Foot Anstey and Macfarlanes.

The rest of the week's deals in one packageLitigation, corporate, M&A, capital markets and private equity deals in brief from a cross-section of India’s top law firms.

Phones in BombayAZB & Partners Mumbai is advising Loop Telecom, which is being acquired by Bharti Airtel that is handling the legal work in-house.

eBayJ Sagar Associates (JSA) Bangalore has bagged the mandate for global e-auction giant eBay, which took a $133.7m stake in Indian online marketplace Snapdeal, advised by IndusLaw.

Economic Laws Practice (ELP) won for Bharti Airtel, PDS Legal for Ernst & Young (E&Y), Lakshmikumaran & Sridharan (LKS) for Ultratech Concrete, and Global Legal Associates for ITC Welcome Group in the Delhi high court on Tuesday against the Service Tax Department.

Economic Laws Practice advised watches and jewellery retailer Titan in hatching a joint venture with luxury goods maker Montblanc International for single brand retail in India.

J Sagar Asssociates (JSA), Nishith Desai Associates and Trilegal acted on Goldman Sachs’ and Mitsui Global Investment’s Rs 315 crore ($50m) investment in Global Beverages & Foods.

MuraliA law firm started seven months ago by a Kerala advocate and two ex-senior associates from Amarchand Mangaldas and Trilegal, have acted opposite J Sagar Associates (JSA) and DLA Piper to advise on the takeover of a Kerala-based vocational training company by a German services giant.

ydc0jzcmSeven years after advising India’s largest realtor DLF in its $250m buy of Aman resorts, Luthra & Luthra advised DLF in selling Aman back to its owner Adrian Zecha for $358m (Rs 1,600 crore).

Oil rigAmarchand Mangaldas Delhi office is acting for exploration giant Cairn India, which is buying back up to 14.98% of its equity share capital for $930m (Rs 5,725 crore) from the open market through stock exchanges.

image Deals round-up of more than a dozen recent instructions.

Amarchand Mangaldas maintained status quo as project finance leader for the third year running and reported a greater overall deal revenue since last year, according to data provider dealogic’s year end table for 2013.

The four firms advised on the National Stock Exchange’s acquisition of Computer Age Management Services, which is valued at up to Rs 1,500 crore.

CowsAmarchand Mangaldas advised the world’s largest dairy player Groupe Lactalis in buying Hyderabad-based Tirumala Milk Products for Rs 1,750 crore ($275m), including buying out private equity major Carlyle Group’s stake. Carlyle was advised by JSA.

Facebook likes Little EyeJ Sagar Associates (JSA) won the mandate to represent long-standing client Facebook on its first Indian acquisition, in its buy of Bangalore-based mobile software analytics company Little Eye Labs for around $15m, which was advised by a local CA firm.

Economic Laws Practice (ELP) advised Canaan Partners and Mayfield Fund and S&R Associates advised Bertelsmann India in investing $12m (Rs 75 crore) in residential listings website India Property Online (IPO) which was advised by Fox Mandal.

ELP Mumbai associate partner Vinayak Burman with associate manager Archana Khosla and associate Trishna Sharma acted for existing IPO investors Canaan and Mayfield in the $12m series B Funding as reported by the Business Standard.

S&R partner Rajat Sethi and associates Rachael Israel, Lakshmi Pradeep and Sowjhanya Shankaran acted for Bertelmann which is the strategic investment arm of the German media company Bertelsmann SE & Co. KGaA in India, as reported by Mint.

Fox partner Jeevandham Rajagopalan and associate Anju Menon acted for IPO which is a Consim Info spun-off founded by the maker or Matrimony.com, according to the Hindu.

Christmas deals As year-end approaches and law firms send out a flood of press releases for the annual deals league tables, Legally India has wrapped up the most interesting ones in one tidy package.

PizzaVichar Partners advised the world’s third-largest pizza chain Papa John’s in selling a majority stake in its Indian franchisee OM Pizza & Eats to Avan Projects, which was advised by Advani & Co.

BIBA FashionAZB & Partners advised private equity (PE) firm Warburg Pincus as Wadia Ghandy advised PE firm Faering Capital in investing Rs 300 crore ($49m) in ladies ethnic wear maker Biba Apparels which was advised by OP Khaitan & Co.

Vaish Associates advised Japanese drug company Rohto Pharmaceutical in buying 40 per cent stake in Deep Care Health which was advised by Mundkur Law Partners.

Vaish Gurgaon partner Hitender Mehta with principal associate Akshay Saxena and senior associate Pratyush Khurana acted for Rohto, which bought the stake for Rs 15.33 crore after a September 2013 Foreign Investment Promotion Board (FIPB) approval, according to the Press Information Bureau.

Mundkur managing partner Ramanand Mundkur partner acted for Deep which forms a joint venture with Rohto to manufacture and deal in prescription and over-the-counter ophthalmological drugs.

Amarchand Mangaldas Mumbai corporate partners Ashwath Rau and Aysswarya Murthi acted for the Macquarie Group in the sale of its 50 per cent holding in Religare Macquarie Wealth Management to joint venture partner Religare Enterprises, which was advised by Vaish Associates corporate and banking partner Sandhya Iyer.

The JV exit was signed on 29 August and closed on 26 November 2013 [VCCircle]. Religare is a long-loyal client of Vaish, while Macquarie has used a number of Indian firms in the past, though Amarchand had set up the Religare JV for the Australian banking giant between 2007 and 2008.

BurgerLuthra & Luthra advised Indian private equity and real estate firm Everstone Capital in its joint venture with international fast food giant Burger King.

ZomatoJ Sagar Associates (JSA) advised Info Edge on Rs 57 crore, Themis Associates Sequoia on Rs 170.6 crore investments in Zomato.

SteroidsDesai & Diwanji advised Indore-based steroids manufacturer Symbiotec Pharmalab and shareholders in the Rs 292 crore ($48m) PE investment by Actis Medal Sports, advised by Platinum Partners.

Chennai law firm Vichar Partners advised Chennai-based auto parts manufacturer Susira Industries in its sale to the Japanese Usui Kokusai Sangyo Kaisha, which was advised by Bangalore law firm Crestlaw Partners.

Vichar partner Chitra Narayan with associate Raj Jabakh acted for Susira, according to an email from Vichar, which will now operate as Usui Susira – a 100 per cent subsidiary of Usui Japan.

Crestlaw partners Ravitej Rao and Sundar Raman acted for Usui.

The proposed takeover by Gurgaon-based Apollo Tyres of Ohio-based Cooper Tire & Rubber remained on tenterhooks, as the US company’s bid in a Delaware court to force the deal to close continued unresolved.

Amarchand Mangaldas Delhi and Sullivan Cromwell represented Apollo on the M&A deal, as reported by Legally India in June, with Jones Day having represented Cooper.

Cooper claimed that Apollo was trying to back out of the deal after union and industrial action in the US and China, reported Bloomberg, and that the Indian company agreed that it would use its reasonable best efforts to complete the deal or pay $112.5m in “reverse breakup fees”.

Apollo’s US lawyers wanted Cooper’s case to force a closing thrown out, and claimed in a letter to the court on October 18 that closing conditions to the deal had not been satisfied.

The deal, if completed, would be the largest takeover of an automobile-parts company since 2007.

HSB Partners advised US firm Bayada in buying a 26 per cent stake in Chennai’s India Home Health Care (IHHC), which was advised by Chennai law firm VNS Legal.

HSB Partners partner TK Bhaskar, principal associate Varun Sriram and associates Aishwarya Krishnamurthy and Sahana Chandrika acted for Bayada which expects to earn $1bn (Rs 6,300 crore) in revenue next year, reported the Economic Times.

VNS Legal founder VN Shiva Shankar and senior associate Rakesh Cherukuri acted for IHHC which operates in Chennai and Bangalore.

PXV Law Partners and French best friend law firm DS Avocats advised French defence electronics group NSE Industries in a joint venture with Bangalore-based Hical Technologies, which was advised by J Sagar Associates (JSA).

PXV Delhi partner GT Thomas Phillippe and DS Advocats Paris partner Olivier Monange acted for NSE Industries, which received the Foreign Investment Promotion Board’s (FIPB) approval for this Rs 1 million ($17,000) foreign direct investment in May of this year.

JSA Bangalore partner Murali Anandasivan and senior associate Mary Julie John acted for Hical.

PDS & Associates has acted for steel maker Mukand Limited in its Rs 160 crore rights issue, which was filed with the Securities Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) last week. Board approval was granted in June.

PDS Mumbai partner Sajid Mohamed advised Mukand, assisted by principal Abhishek Misra who had joined the firm two months ago from SA Partners – a start-up he set up in 2010. PDS & Associates is the corporate advisory arm of PDS Legal, which specialises in tax advisory. Both firms work closely with Ernst & Young (E&Y).

Random PenguinsObhan & Associates acted for publisher Penguin Random House in its purchase of Ananda Publishers’ stake in Penguin Books India.

Link Legal advised GMR whose road development arm GMR Highways sold 74 per cent stake in its special purpose vehicle GMR Ulundurpet Expressways to IDFC's India Infrastructure Fund for Rs 222 crore ($35m). IDFC was advised by Udwadia Udeshi & Argus Partners.

PXV Law Partners Mumbai partner Deepto Roy acted for long-time client Glocal Hospitals in its Rs 25 crore ($4m) investment by SIDBI Venture Capital. Kochhar & Co Gurgaon-based partner Anjuli Sivaramakrishnan acted for SIDBI.

Universal Legal advised Andhra Pradesh-based Rainbow Hospitals, in which the UK-government owned CDC and private equity investor Abraaj Group invested Rs 100 crore ($16m). Wadia Ghandy advised the CDC and Abraaj Group.

Universal Legal Chennai-based partner Kavitha Vijay and senior associate Sameena Chatrapathy acted for the 14-year old paediatric and maternity healthcare business in AP, which currently has 450 beds but will expand after this business.

Wadia Ghandy Bangalore partner Ankit Majumdar and senior associate Anubhav Agarwal acted for the investors. This was CDC’s first direct equity investment and it intends to invest $1bn in India in the financial services sector, healthcare, renewable energy, and consumer-related businesses, according to the ET.

S&R Associates and Kirkland & Ellis advised the UK-based Kewill group and its backers Francisco Partners, in buying Hyderabad-based software solutions provider Four Soft for Rs 265 crore ($43.4m). Four Soft was advised by BMR Legal.