Law firms
Corporate M&A
Crawford Bayley, Luthra & Luthra and Baker & McKenzie and Stephenson Harwood have advised on the $3.7bn takeover of Piramal Healthcare by US pharma major Abbott Laboratories.
Capital Markets
Luthra & Luthra and DLA Piper have won two out of two government disinvestment tenders this week for consultancy Engineers India Ltd (EIL) and the world's largest coal producer Coal India Ltd, defeating firms such as Amarchand Mangaldas, AZB & Partners-Clifford Chance, Crawford Bayley and S&R Associates in a competitive tender.
Private equity / VC Young private equity boutique Sand Hill Counsel has closed two private equity (PE) deals in the education sector for US-based venture capital firm Foundation Capital opposite AZB & Partners, J Sagar Associates (JSA) and Wadia Ghandy.
Corporate M&A
Amarchand Mangaldas is advising ICICI Bank on its takeover of Bank of Rajasthan (BoR), whose promoter Pravin Kumar Tayal is represented by Paras Kuhad Associates, in a stock deal that envisages a share exchange ratio of 25 ICICI shares for 118 BoR shares.
Capital Markets Amarchand Mangaldas, Crawford Bayley and Luthra & Luthra, and young firms Axon Partners LLP, Link Legal and S&R Associates, are bidding for the role of legal advisor to the government in the disinvestment of state-owned Engineers India Limited (EIL) which is set to happen through a follow-on public offer in July.
Law firms
Luthra & Luthra has hired its first full-time M&A corporate partner in Mumbai, taking former Clifford Chance senior associate and Trilegal partner Sudipta Routh to diversify the office from its current finance focus.
Corporate M&A Freshfields Bruckhaus Deringer and Trilegal have advised Godrej Consumer on its buy-out of Sara Lee Corporation's stake in the companies' Indian joint venture (JV) for €185m ($234m).
Law firms
Seven lawyers, including a Jharkhand sole proprietor, his ex-Khaitan & Co associate daughter, a young Rajastani legal practitioner, an intellectual property (IP) lawyer and a Supreme Court counsel, have banded together to co-found Juris Vista Law Chambers with offices in Delhi, Jaipur and Ranchi.
Legal Process Outsourcing (LPO) Legal process outsourcing (LPO) company Pangea3 has set up a marketing office in London to attack the European market, reported the UK's Law Society Gazette.
Corporate M&A Dewey & LeBoeuf and Linklaters have respectively advised India's largest mining company Vedanta Resources in its agreement to acquire zinc assets from mining giant Anglo American for $1.34bn in order to make it the world's largest zinc producer and to create a sizeable presence in Europe and Africa.
Legal Process Outsourcing (LPO) European-international firm CMS Cameron McKenna has become the first law firm to outsource its entire business support function after agreeing a £600m deal with Integreon, reported The Lawyer magazine today.
Litigation Naik Paranjpe and Company led by managing partner Ameet Naik has won a favourable order for clients Filmkraft and Adlabs against a suit filed in a munsif court that sought to restrain the release of the movie Kites.
Corporate M&A Luthra & Luthra has acted for the State Bank of India led consortium of 22 banks and financial institutions for a $2.08 billion syndicated rupee debt deal for a Tata Steel project at Jamshedpur.
Law firms
Spanish national law firm Garrigues and Dua Associates have entered into a "non-exclusive cooperation agreement" to "organise seminars, edit publications and develop secondment programmes".
Law firms
Khaitan & Co legacy firm Khaitan Jayakar Sud and Vohra (KJSV) has inducted two salaried partners, promoting Tanuj Sud in Delhi and hiring Sudhakar Avadh as the partner in charge of its new Pune office while gearing up for further national expansion.
Projects Mumbai projects boutique India Law Services (ILS) has advised the lender consortium of bankers in three project finance transactions opposite Trilegal, one in-house counsel and Delhi-based Hammurabi & Solomon acting for the borrower companies.