Top Indian firms, Skadden, Cleary on $8.5 bln Disney-Reliance merger

by Nimitt Dixit |

Disney and Reliance logos are seen in this illustration taken December 15, 2023. REUTERS/Dado Ruvic/Illustration

 

Skadden, Arps, Slate, Meagher & Flom, Khaitan & Co, and Shardul Amarchand Mangaldas & Co are advising Reliance Industries and its media subsidiary Viacom18 on a planned $8.5 billion media merger with Walt Disney’s…

Saraf, Dentons Link Legal, Hogan Lovells act on $260 mln IREDA IPO

by Mari Iwata |

Saraf and Partners has advised state-owned non-banking financial company Indian Renewable Energy Development Agency (IREDA) on its 21-billion-rupee ($260 million) IPO, with Hogan Lovells and Denton Link Legal representing the book running lead managers.

CAM, Khaitan guide Aditya Birla’s Grasim on $482 mln rights issue

by Nimitt Dixit |

Indian law firm Cyril Amarchand Mangaldas has guided the $482 million rights issue of Aditya Birla Group’s flagship company, Grasim Industries, with Khaitan & Co and Hogan Lovells advising the lead managers to the issue.

Trilegal, SAM act on $1 bln India toll road deal

by Nimitt Dixit |

Indian law firm Trilegal has guided infrastructure investment trust Highways Infrastructure Trust (HIT) on its approximately $1.08 billion acquisition of 12 road projects from PNC Infratech, which was advised by Shardul Amarchand Mangaldas.

Khaitan, Anagram guide Tata Consumer’s $615 mln FMCG acquisition

by Nimitt Dixit |

Indian law firm Khaitan & Co has advised Tata Consumer Products on its $615 million all-cash acquisition of Capital Foods, which was represented by Anagram Partners.

S&R, TT&A advise on $2.5 bln India telecom deal

by Nimitt Dixit |

Indian law firm S&R Associates has guided Data Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by Brookfield Asset Management, on its 100 percent acquisition of American Tower Corp’s India operations for $2.5 billion. ATC was represented by Talwar Thakore & Associates.

Saraf, SAM, NO&T drive Maruti Suzuki’s $1.5 bln stock deal

by Nimitt Dixit |

Indian law firm Saraf and Partners has advised Maruti Suzuki India Limited (MSIL) on its $1.5 billion acquisition of Suzuki Motor Gujarat (SMG) from Japan's Suzuki Motor Corporation, which was represented by Shardul Amarchand Mangaldas and Nagashima Ohno & Tsunematsu.

CAM guides $370 mln Sharekhan sale to Mirae Group

by Nimitt Dixit |

Indian law firm Cyril Amarchand Mangaldas has advised BNP Paribas in relation to its exit from brokerage unit Sharekhan Group by way of a 100 percent stake sale to Korean investment banking and brokerage firm Mirae Asset Group for $370 million.

CAM, Bakers, A&O, AZB advise on $1 bln sale of Aster’s Gulf business

by Nimitt Dixit |

Indian law firm Cyril Amarchand Mangaldas has advised India’s Aster DM Healthcare on the sale of its Gulf Cooperation Council (GCC) business for $1 billion to a consortium led by UAE sovereign-owned private capital firm Fajr Capital and Affinity Holdings, a company held by Aster’s promoters.

CAM, S&R act on Tata Technologies’ planned $366 mln IPO

by Mari Iwata |

Cravath, Swaine & Moore and Cyril Amarchand Mangaldas are advising India’s Tata Technologies on its planned 30.4-billion-rupee ($366 million) initial public offering, with Latham & Watkins and S&R Associates acting for the bookrunning lead managers JM Financial and Citigroup Global Markets India.