CAM, SAM, Jones Day, Dorsey Whitney on $742m NTPC OFS

Cyril Amarchand Mangaldas and Dorsey & Whitney advised the ministry of power on the National Thermal Power Corporation’s (NTPC) Rs 5000 crore Offer for Sale (OFS). The OFS was brokered by SBICAP Securities, ICICI Securities, Edelweiss Securities and Deutsche Equities India which were advised by Shardul Amarchand Mangaldas and Jones Day.

CAM managing partner Cyril Shroff, and Delhi partners Aarti Joshi and Gokul Rajan, and Dorsey partner John Nelson Chrisman acted for the government.

SAM Delhi partners Prashant Gupta and Sayantan Dutta, and associate Shraddha Krishnan Das, and Jones Day Singapore partner Manoj Bhargava and associate Ben Witherall acted for the selling brokers.

The two-day offer for sale (OFS) cut the government’s stake in NTPC to 69.96 per cent from 74.96 per cent as held on 31 December, according to Mint.

Comments

Gomez 3 Mar 2016, 10:06
+1 -1
CAM and SAM on either sides of a deal. Guess we'll be seeing this quite often...
Who 3 Mar 2016, 16:35
+2 -0
And why not? It's time to move on!
H 8 Mar 2016, 16:34
+0 -0
Government deal. Bid at Rs.1,000, and get the deal. CAM is trying to get its Delhi 'team' some experience. Don't read too much into it.
Capital Market Lawyer 3 Mar 2016, 16:37
+1 -3
Again reported paid news...if you really want to cover capital market deals the go to SEBI website and do fair job...http://www.sebi.gov.in/sebiweb/home/section/3/Offer-Documents

Provided link for same and see the chapter titled "General Information"
kianganz 3 Mar 2016, 16:43
+1 -0
Not paid, just a press release...
Uper wala 4 Mar 2016, 02:26
+1 -0
By whom, PTI?
Name or alias 4 Mar 2016, 04:36
+0 -0
You really don't know how this or other legal websites work do you, Uper Wala?
SCAM 9 Mar 2016, 08:23
+0 -0
What's the goss on the townhall meeting by Cyril at CAM Delhi?