JSA for Reliance, Majmudar for Carnival Films $111m buyout of Big Cinemas

Breaking
Tuesday, 16 December 2014 By Legally India Corporate M&A

Majmudar & Partners advised Carnival Films on its Rs 700 crore buyout of Reliance Mediaworks’ multiplex division Big Cinemas. Reliance was advised by J Sagar Associates (JSA).

Majmudar Mumbai partner Rukshad Davar acted for Carnival, which is backed by a Kochi-based commodity trader.

JSA Mumbai partners Akshay Chudasama, Jay Gandhi and Gaurav Singhi acted for Reliance, together with associates Neety Thakkar, Soumya Shanker and Meghna Nachappa.

Four M&As have happened in the multiplex sector in the last six months including this deal the Inox deal, the Fun Cinemas deal and the Broadway Cinemas sellout, reported Mint.

Majmudar & PartnersJ Sagar Associates (JSA)

Comments

Guest 16 Dec 2014, 10:42
+4 -1
JSA is acting in all deals that are getting reported these days.

Be it be bond issuance, M&A or a QIP :)
SA 16 Dec 2014, 12:36
+6 -1
Logically the counter parties also need to be represented by some law firms. So it cannot be only JSA on all deals.
True 16 Dec 2014, 13:19
+0 -2
I have seen multiple partners from different practices and couple of corporate partners on complex deals. But 3 Corporate Partners on one $100 mio deal...bit strange...may be deal was complex.
BHOnsle 16 Dec 2014, 18:27
+5 -0
Majmudar.... You had been forgotten..
nluj 17 Dec 2014, 06:14
+2 -1
Go kritika!!
Matched Shoe laces and tie 17 Dec 2014, 11:11
+1 -0
Go Kritika, superb job!
percy 18 Dec 2014, 14:43
+2 -1
Seems Akshay has more of the blue chip clients of JSA. As does Dina whose deals somehow seldom get released to the press.
Red Truck 6 Jan 2015, 17:22
+0 -0
Well done, Chudasama
Commenting is closed for this article.