Deals in brief 17 deals and cases in brief this week, spanning M&A, a raft of financings, private equity, debt and equity capital markets and litigation.
imageExclusive: Naik Naik & Co and securities start-up boutique Prism Partners Advocates have entered into an exclusive alliance under the Naik brand name.
imageimageExclusive: A former Platinum Partners associate and an ex-SEBI and in-house bank lawyer have started a new Mumbai law firm specialising in capital markets and securities law called Prism Partners Advocates.
Khaitan & Co, Platinum Partners and Freshfields Bruckhaus Deringer have advised on a majority stake acquisition of Mumbai-based agrochemicals company Devidayal Sales by Japanese Arysta LifeScience.
Exclusive: Platinum Partners has promoted Mumbai senior associate Yashasvi Mohanram to its partnership, who joined the firm last year from White & Case Singapore.
image UK firm Penningtons has kick-started its India practice with the hire of former Platinum Partners associate Saionton Basu and UK South-East firm EMW-Picton Howell former merger partner Teja Picton-Howell.
Mumbai_gatewayPlatinum Partners Mumbai office has hired a senior lawyer from White & Case in Singapore to bulk up its second layer of corporate fee-earners in the young office.
LIC_Logo_thAmarchand Mangaldas and Platinum Partners in Mumbai are advising on the Rs 308 crore ($64m) acquisition of a 35 per cent stake in Life Insurance Corporation of India’s (LIC) asset management arm by Nomura, which marks Platinum’s first instruction for the Japanese bank.
delhi_gate_thPlatinum Partners has grown its lawyer ranks by a quarter in the last three months, taking on three law school graduates and a lateral associate from White & Case in London.
bharti-airtel-mtnPlatinum Partners has joined the team of legal advisers on the MTN – Bharti Airtel merger talks alongside four other firms on what could be India’s largest cross-border deal to date with a value of around $23bn (Rs 110,000 crore).
books_edu_th_by_hashmilFreshfields Bruckhaus Deringer, Lex Counsel and Platinum Partners have advised on a $17.5m (Rs 85 crore) joint venture (JV) deal between the UK’s Pearson Group and Delhi-based education company Educomp Solutions.