internet-IT-globeKhaitan & Co Bangalore and local boutique Menon Associates have advised on the MindTree acquisition of US handset maker Kyocera Wireless’ Indian arm for Rs 29 crores ($6m) and further consideration linked to future revenues.
television-old_by-A3RLuthra & Luthra’s and Kochhar & Co’s Delhi offices have advised on the 69 per cent acquisition of NDTV Lifestyle by US company Scripps Networks Interactive for Rs 254.5 crores ($55m).
cement-truck2-by-craigCloutierAmarchand Mangaldas Mumbai has advised Aditya Birla Group in the series of mergers between Grasim Industries, Samruddhi Cements and UltraTech Cements, creating India’s largest and the world’s tenth largest cement manufacturer.
cinema_seats-by_Looking-GlassJ Sagar Associates (JSA) and Luthra & Luthra co-ordinated the Rs 62.2 crore ($13.5m) cash and equity acquisition of DLF-owned DT Cinemas chain by entertainment chain PVR.
pieMnAFor the first time this year, Desai & Diwanji and Khaitan & Co are leading the third quarter Indian M&A rankings both by value and volume of deals, pushing Amarchand Mangaldas two places down mergermarket’s value league table compared to three months ago.
stock_exchange_chart_thAmarchand Mangaldas, AZB & Partners and Luthra & Luthra have benefited the most from the dash to hit the markets by month-end, as 16 companies filed draft initial public offering (IPO) prospectuses in the last two weeks.
hot_steel_thAZB & Partners, Khaitan & Co and Jones Day’s Hong Kong office have advised Jai Balaji Industries on its proposed Rs 450 crore ($94m) qualified institutional placement (QIP), which is yet to be announced.
Telecoms infrastructure towersAmarchand Mangaldas, Khaitan & Co. and Linklaters Singapore are working to help Reliance Infratel on its initial public offering (IPO), which looks to raise around US$ 1 billion (Rs. 5000 crore) from the market.
steam_rollers_road_building_thAmarchand Mangaldas, J Sagar Associates (JSA) and Australian firm Mallesons Stephen Jacques have advised on the Macqaurie-SBI Infrastructure Fund, which is slated to be the biggest fund investing in the Indian infrastructure sector to date.
wind-farm_RyanMcDFreshfields Bruckhaus Deringer has worked with J Sagar Associates (JSA) as counsel to energy major BP selling around Rs 460 crore ($95m) of Indian windfarms to private equity-backed Green Infra, which was advised by Luthra & Luthra.
shipyard_the-tahoe-guy_thJ Sagar Associates (JSA) and S&R Associates have advised Pipavav Shipyard on its proposed initial public offering (IPO) of up to Rs 5.5bn ($110m).
bloomberg_terminal_thKochhar & Co’s Singapore and Delhi offices and AZB & Partners advised news wire Bloomberg and media company UTV on their joint venture to launch a new co-branded Indian business TV channel.
mobile_phone_tower-by-Kiwanja_thDesai & Diwanji has scored the first instruction for the merged Tata Quippo towers business, after having originally advised Quippo Telecom on its joint venture (JV) with Tata Teleservices, which was advised by AZB & Partners.
Whiskey_thVaish & Associates is advising the promoter group and the merchant bankers in the Rs 75 crore initial public offering (IPO) of Delhi-based alcohol beverage company Globus Spirits.
wind-farm_RyanMcDCovington & Burling and Trilegal have co-operated on the IPO of Indian Energy on London’s Alternative Investment Market (AIM), which is only the fourth successful listing this year on the London Stock Exchange-owned smaller market.
x-ray_Adrian-barnes_thAmarchand Mangaldas has acted for Wockhardt in selling 10 hospitals for Rs 909 crore ($186m) to Fortis Healthcare, which was advised by Vaish Associates in Mumbai.
holiday_pool_by-wili_hybrid_thKhaitan & Co has benefited as tour operator Cox & Kings overhauled its roster of IPO advisers, dropping J Sagar Associates (JSA), which had advised on the aborted 2008 flotation.
