AZB, STB act on OYO’s $525 mln U.S. bet
AZB & Partners has acted for Oravel Stays, the parent of e-hotelier OYO, on its proposed $525 million acquisition of U.S. motel operator G6 Hospitality from PE fund Blackstone. Simpson Thacher & Bartlett acted for Blackstone on the deal.
Khaitan, CAM, Links act on Samvardhana Motherson’s $771 million QIP
Khaitan & Co has advised Samvardhana Motherson, one of the world’s largest suppliers of automotive components, on its recent $771 million fundraise through a qualified institutional placement (QIP)
ANM hires disputes partner in Delhi
Indian law firm ANM Global has hired dispute resolution expert Nittin Bhatia as a partner in its Delhi office. He joins from his own practice at NPV Legal.
India’s JSA continues lateral blitz with CAM hire
JSA Advocates & Solicitors has extended its extensive inorganic growth spree by adding capital markets expert Anuj Pethia from Cyril Amarchand Mangaldas as a partner in New Delhi.
Dentons Link Legal, Dentons U.S., Crawford Bayley guide $358 mln SpiceJet QIP
Dentons Link Legal acted for troubled and cash-strapped Indian airline SpiceJet on its $358 million financial infusion through a qualified institutional placement of equity shares. Crawford Bayley & Co and Dentons U.S. acted as domestic and international counsel respectively to the book-running lead managers, DAM Capital Advisors and JM Financial.
Aretha Legal adds dispute specialist as partner in Delhi
Bengaluru-headquartered Aretha Legal has added dispute resolution specialist Vara Gaur as a partner in its Delhi office. Gaur was previously a principal associate at ORTIS Law Offices.
JSA, CAM advise on signing of $111mln renewable energy deal
JSA Advocates & Solicitors has advised Oil and Natural Gas Corporation, a state-owned energy company, and its subsidiary ONGC Green, on its $111.18 million acquisition of PTC India from PTC Energy, which was represented by Cyril Amarchand Mangaldas.