Corporate M&A
JSA, Amarchand, Wadia, Vichar act on NSE-CAMS $100m-ish share sale
The four firms advised on the National Stock Exchange’s acquisition of Computer Age Management Services, which is valued at up to Rs 1,500 crore.
JSA scores Facebook’s first Indian buy opposite Sand Hill & CA firm [& Vishnu Jerome]

Papa John’s India buy shows nuanced ‘pizzazz’ for Vichar, Advani

Mundkur, Vaish on $2.5m Indo-Japan pharma JV
Vaish Associates advised Japanese drug company Rohto Pharmaceutical in buying 40 per cent stake in Deep Care Health which was advised by Mundkur Law Partners. Vaish Gurgaon partner Hitender Mehta with principal associate Akshay Saxena and senior associate Pratyush Khurana acted for Rohto, which boug...
Amarchand, Vaish help Macquarie exit Religare wealth management JV
Amarchand Mangaldas Mumbai corporate partners Ashwath Rau and Aysswarya Murthi acted for the Macquarie Group in the sale of its 50 per cent holding in Religare Macquarie Wealth Management to joint venture partner Religare Enterprises, which was advised by Vaish Associates corporate and banking partn...
Burger King JV slides into India with help of Luthra, AZB, Greenberg, Gledhill

JSA, Luthra, Skaddens on Celfrost sale to US Middleby
J Sagar Associates (JSA) advised Indian commercial food equipment supplier Celfrost in selling out to the US-based The Middleby Corporation, which was advised by Skadden Arps Slate Meagher & Flom and Luthra & Luthra. JSA Gurgaon partners Upendra Nath Sharma and Nitesh Bhasin and associate ...
Amarchand, AZB land Singapore Airlines into $100m Tata JV
Amarchand Mangaldas advised Singapore Airlines in its 49 per cent Rs 615 crore ($100m) joint venture (JV) with Tata Sons, which was advised by AZB & Partners. Amarchand Mumbai managing partner Cyril Shroff and corporate partner Indranath Bishnu acted for Singapore Airlines on this first-ever tr...
South Indian Vichar, Crestlaw on Indo-Japanese auto acquisition
Chennai law firm Vichar Partners advised Chennai-based auto parts manufacturer Susira Industries in its sale to the Japanese Usui Kokusai Sangyo Kaisha, which was advised by Bangalore law firm Crestlaw Partners. Vichar partner Chitra Narayan with associate Raj Jabakh acted for Susira, according to a...
JSA on German Brenntag’s $13.7m Indian chemical buy
J Sagar Associates (JSA) advised German chemical distributor Brenntag to buy the chemical distribution division of Mumbai-based Zytex Group for $13.7m (Rs 83 crore), , according per a company statement . JSA Mumbai partner Sandeep Mehta with senior associate Arup Pereira and associates Hoshedar Have...
Tatva, TTA on $12m DLF asset offloading to Japanese Lixil
Tatva Legal advised India’s largest real estate developer DLF in selling its stake in Star Alubuild to Japan’s Lixil Corp, which was advised by Talwar Thakore & Associates (TTA). Tatva Delhi partner Simran Singh, manager Neha Chhabra and senior associate Natasha Tuli acted for DLF which, accord...
Trilegal, D&D on Tata Power's $24m wind power acquisition
Trilegal advised the Tata Group’s power utility Tata Power in buying AES Saurashtra wind farms from the US-based private power producer AES Corporation which was advised by Desai & Diwanji. Trilegal Delhi partner Charandeep Kaur with senior associates Ramakant Rai and Anuja Tiwari and associate...
AZB in Religare pre-banking sell-off, Desai & D helps US bank pick up $50m
Desai & Diwanji has acted for US NASDAQ-listed Philadelphia-headquartered bank Customers Bancorp, which invested $22m in Religare Enterprises that was assisted by AZB & Partners in Delhi. This was Desai & Diwanji’s first instruction for Customers Bancorp, which bought a 5 per cent sta...
Gnarus, S&R offload HT Media's $10m stake in Indo-German media JV
Gnarus Partners advised German media company Burda Druck in buying out its joint venture partner HT Media’s 51 per cent stake in HT Burda Media for Rs 60 crore ($9.6m). HT Media was advised by S&R Associates. Gnarus managing partner Rishi Anand with associate Jitendra Soni acted for Burda Druck...
HSB, VNS sell IHHC stake to US' Bayada
HSB Partners advised US firm Bayada in buying a 26 per cent stake in Chennai’s India Home Health Care (IHHC), which was advised by Chennai law firm VNS Legal. HSB Partners partner TK Bhaskar, principal associate Varun Sriram and associates Aishwarya Krishnamurthy and Sahana Chandrika acted for Bayad...
KhaiCo in Thomson Reuters buy of Omnesys, with Samvad, AZB, Vaish
Thomson Reuters, advised by Khaitan & Co, has bought Bangalore trading software company Omnesys, advised by Samvād Partners. AZB & Parters and Vaish Associates acted for minority investors. The buyer Thomson Reuters was advised by Khaitan & Co, with partner Rabindra Jhunjhunwala and a...
PXV, JSA on French defence JV with Hical
PXV Law Partners and French best friend law firm DS Avocats advised French defence electronics group NSE Industries in a joint venture with Bangalore-based Hical Technologies, which was advised by J Sagar Associates (JSA). PXV Delhi partner GT Thomas Phillippe and DS Advocats Paris partner Olivier M...
Obhan advises Penguin on Rs 55 cr Indian JV buy-out ahead of Random House mega-merger with Freshfields, Slaughters

Amarchand, Vaish cement Jaypee UltraTech $600m ties
Amarchand Mangaldas advised UltraTech Cement in acquiring Jaypee Cement Corporation’s Gujarat unit for Rs 3,800 crore ($602m). Jaypee was advised by Vaish Associates. Amarchand Mangaldas Mumbai managing partner Cyril Shroff, corporate partners Tushar Mavani and Alice George, competition partner Nish...
Desai D, Bharucha, Wadia G sell Indo-Malaysian stake in Trichy Tollway to SBI Macquaries
Desai & Diwanji advised Mumbai-based infrastructure company Shapoorji Pallonji Group as Bharucha & Partners advised Malaysia-based IJM Corporation in jointly selling 74 per cent equity in their Tamil Nadu highway expansion project concessionaire Trichy Tollway (TTPL) to Macquarie SBI Infra...