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AZB & Partners

27 October 2014

SurekWadia Ghandy partner Vijay Sureka joined AZB & Partners as a senior associate in Mumbai on 1 October.

22 October 2014

J Sagar Associates (JSA) advised German shipping and logistics provider Dachser in acquiring 50 per cent shares of Dachser India from its local joint venture partner the AFL Group which was advised by AZB & Partners.

JSA Bombay M&A partner Sandeep Mehta, senior associate Arup Pereira and associates Punita Gupta and Adil Ladha acted for Dachser. AZB Mumbai partner Abhijit Joshi, senior associate Anand Shah and associate Navroz Vakil acted for the AFL Group.

This deal was part of a larger transaction by which Dascher acquired AFL's stake in a separate JV in Thailand and majority stake in another venture in Bangladesh, according to VC Circle.

15 October 2014

AZB & Partners advised dialysis service provider DaVita Healthcare Partners in buying 49 per cent stake in Express Clinics which was advised by Economic Laws Practice (ELP).

AZB Mumbai partner Alka Nalavadi and senior associates Percis Anklesaria, Vijay Manjrekar and Arvind Ramesh acted for Davita.

ELP Mumbai partner Sujjain Talwar, associate partner Vinayak Burman, senior associate Archana Khosla and associate Amoolya Narayan acted for Express and its existing shareholders Somerset and Lotus Management.

DaVita had entered the Indian subcontinent in 2011, acquiring a strategic stake in NEA backed NephroLife Care according to Deal Curry.

14 October 2014

DLF: No More CMSEBI has banned real estate giant DLF and six managers from the capital markets for three years after a finding of fraud.

13 October 2014

J Sagar Associates advised Bay Capital Investment Managers and the promoters of Sterling Holiday Resorts India on selling Sterling for Rs 870 crore to the Prem Watsa-backed Thomas Cook India, which was advised by AZB & Partners.

JSA Mumbai partners Sandeep Mehta and Rajesh Pal and senior associate Malav Shah acted for Bay Capital and Sterling’s promoters. AZB partner Ashwin Ramanathan, senior associate Bhavi Sanghvi and associate Rinki Ganguli acted for Thomas Cook.

This is Thomas Cook India's second purchase after Ikya Human Solutions in February 2013 and marks its foray into the hospitality sector, reported the TOI.

09 October 2014

Amarchand Mangaldas maintained its top spot in intelligence provider mergermarket’s M&A league rankings this quarter.

01 October 2014

Iyer: ThrilledAZB & Partners in Mumbai has promoted Vaidhyanadhan Iyer to its partnership.

20 August 2014

Winning: EverythingAZB & Partners came out on top of a 2014 first-half-year league table released by corporate analytics company Venture Intelligence, recording 22 deals worth more than $2bn.

07 August 2014

MukherjeMadhurima Mukherjee, who had left Luthra & Luthra a year ago, has joined AZB & Partners in Delhi as a capital markets partner, according to several authoritative sources.

04 July 2014

Q1 M&A: In terrible shapeMergermarket Q1 M&A value leader AZB & Partners slipped to seventh spot in 2014’s half-yearly rankings, while Q1 ninth-ranked Amarchand made up the lag to top spot.

28 May 2014

AZB & Partners Delhi partner Debashish Sankhari has resigned to look for a role which is “a mix of entrepreneurship and legal practice”, reported legal website Bar & Bench.

Sankhari graduated from NLSIU Bangalore and joined the advocacy group of the Commonwealth Human Rights Initiative for three years. He then worked with Vaish Associates as an associate, with Fox Mandal as a senior associate and joined AZB as a senior associate in 2007. He was made partner in 2012.

26 May 2014

Desai & Diwanji advised Fidelity Capital in the sale of its equity in Laurus Labs, which was advised by Amarchand Mangaldas, to Warburg Pincus which was advised by AZB & partners.

09 May 2014

Magic Eight ballAnswer: It depends (but nine is magic number)

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