Crawford Bayley, Dorseys jointly beat rivals in SAIL disinvestment bid

Monday, 1 November 2010 By Legally India Capital Markets

Crawford Bayley and Dorsey & Whitney have won the mandate to advise public sector undertaking SAIL on its follow-on public offer (FPO) to raise Rs 8,000 crore.

The two firms won against four other firms – Amarchand Mangaldas, FoxMandal, Luthra & Luthra and S&R Associates – which were also in the running, each pitching together with international firms.

Crawford Bayley had won the race, reported the Economic Times citing PTI.

Legally India understands that Dorsey & Whitney pitched jointly with the firm and won on price after beauty parade presentations to the company.

Crawford BayleyDorsey & Whitneydisinvestments

Comments

Anonymous guest 1 Nov 2010, 22:59
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Way to go CB.
Anonymous guest 2 Nov 2010, 16:27
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CB is known to do deals for peanuts; no wonder Sanjay Asher has got the mandate!
Anonymous guest 2 Nov 2010, 21:47
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good luck Mr. Asher Wish u a great success.
Anonymous guest 9 Nov 2010, 15:25
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#2 please change your concept as it is totally erroneous. CB is not doing charity work. CB also pays excellent remuneration to his employee then why does he quote low price.
Angoor khate hai!!!!!!!!!!!!!
Anonymous guest 10 Nov 2010, 15:26
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@4: What rubbish!! CB undercut and that's the way to go for disinvestment deals.. U from Mars or what?? Anyway, CB is in a totally different bracket as far as Capital Markets work is concerned. BTW, I don't know any lawyer other than Asher at CB CM practice who is worth his name, do you?
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