SAM continues reaping from Blackstone ties, helps buy $1.1bn Mphasis from HP with Simpson Thatcher, Platinum and Freshfields

Tuesday, 5 April 2016 By Prachi Shrivastava Corporate M&A

Shardul Amarchand Mangaldas and Simpson Thacher & Bartlett advised Blackstone on its $1.1bn (Rs 7071 crore) buy of Indian IT outsourcing services provider Mphasis from Hewlett Packard (HP) which was advised by Platinum Partners and Freshfields, as first reported by Bar & Bench, and confirmed to Legally India by authoritative sources inside SAM

SAM partners Shuva Mandal, Raghubir Menon, Abhishek Guha, Yogesh Chande and Shweta Shroff Chopra and principal associate Anirban Bhattacharya, and Simpson London partners Mike Wolfson and Clare Gaskell acted for Blackstone.

Platinum partners Nihar Mody and Piusha Bose, and Freshfields partner Pratap Amin acted for HP

Blackstone will buy HP’s shares at Rs 430 per share, followed by a mandatory open offer for 26 per cent more shares of Mphasis, reported Mint.

Shardul Amarchand MangaldasSimpson Thacher & BartlettPlatinum PartnersFreshfieldsFreshfields Bruckhaus Deringer

Comments

Check 5 Apr 2016, 11:29
+0 -9
I understand Iqbal Khan led the Blackstone mandate. Please check and add his name.
Woah! 5 Apr 2016, 11:58
+3 -0
thats a great mandate to get - good times for SAM and Platinum.
Seriously? 5 Apr 2016, 12:25
+7 -3
5 partners and 1 PA from SAM worked on one deal?
Whats wrong 5 Apr 2016, 17:03
+7 -2
Clients like blackstone prefer a big team staffed on their matters. No wonder blackstone will never go to a tier 2 law firm like NDA where deals are headed by senior associates and 0 partner attention
Seriously? 6 Apr 2016, 08:39
+1 -0
Been there done that.

Learning: Too many cooks spoil the broth
GC 5 Apr 2016, 17:49
+1 -0
Wow. Possibly the deal of the year. Great going shardul. The Mumbai practice seems to be going great guns under shuva and akshay
Super 1 5 Apr 2016, 18:50
+0 -0
Good going Platinum !!
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