Subscribe for perks & to support LI

Your Interests & Preferences: Personalise your reading

Which best describes your role and/or interests?

I work in a law firm
I work for a company / in-house
I'm a litigator at the bar
I'm a law student
Aspiring law student
Save setting
Or click here to show more preferences...

I am interested in the following types of stories (uncheck to hide from frontpage)

Firms / In-House
Legal Education

Always show me: (overrides the above)

Exclusives & Editor's Picks

Website Look & Feel

Light Text on Dark Background

Save preferences

Note: Your preferences will be saved in your browser. You can always change your settings by clicking the Your Preferences button at the top of every page.

Reset preferences to defaults?

SAM, JSA on $732m Indiabulls stake sale to Blackstone

“Indiabulls Real Estate Ltd (IBREL) has executed definitive transaction documents with global private equity investor Blackstone Group LP to divest 50% stake in subsidiaries Indiabulls Properties Private Ltd and Indiabulls Real Estate Co. Pvt. Ltd at an aggregate enterprise value of $1.46bn or Rs9,500 crore,” reported Mint.

J Sagar Associates (JSA) partners Lalit Kumar, Namita Bahri, Amitabh Kumar and Vaibhav Choukse, principal associates Bharat Bhushan Sharma and Bharati Joshi and associates Amandeep Singh Virk, Tanisha Bhatia and Ela Bali acted for Indiabulls.

The Shardul Amarchand Mangaldas private equity transaction team led by regional practice head Mumbai and partner Raghubir Menon and partner Anuj Bhasme acted for Blackstone. The private equity side also included senior associates Neety Thakkar and Gaurav Dugar, associates Nishant Sharma, Avichal Mathur, Sangeetha Ganesh and Rutvi Shrimankar. Also assisting was the real estate advisory team led by partner Ashoo Gupta, principal associate Daryush Marfatia, associates Mansi Samdani, Pallavi Kishore and Siddhanth Jain. The competition law team at SAM included partners Shweta Shroff Chopra and Manika Brar, and senior associate Supritha Prodaturi. Managing partner Akshay Chudasama “provided strategic inputs and guidance on the transaction”, according to SAM’s release.

Simpson Thacher & Bartlett, Kirkland & Ellis, Bobby Parikh Associates, ERM and Mauritius law firm Madun Gujadhur Chambers also acted for Blackstone.

Click to show 1 comment
at your own risk
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.

Latest comments