AZB, ELP, Khaitan, Trilegal, Clifford Chance, Jones Day sell Samhi hotels $66m stake to Goldman Sachs

Wednesday, 6 January 2016 By Legally India Corporate M&A

AZB & Partners and Clifford Chance Hong Kong advised global investment banking major Goldman Sachs on its $66m (Rs 441 Crore) acquisition of minority stake in Indian hotel investor Samhi Hotels which was advised by Economic Laws Practice (ELP) and Jones Day. Khaitan & Co and Trilegal advised existing investors GTI Capital and IFC

AZB Mumbai partner Nilanjana Singh and senior associate Rinki Ganguly and associate Vijay Manjrekar, and Clifford Chance Hong Kong partner Neeraj Budhwani, senior associates John Koshy and Cheris Wong advised Goldman Sachs.

ELP Mumbai partners Sujjain Talwar and Darshan Upadhyay, associate partner Aakanksha Joshi and associate managers Amruta Kelkar and Kanisha Vora, and Jones Day Singapore partners Dennis Barskyand Karthik Kumar and associate Caitlyn McCarthy advised Samhi.

Khaitan Delhi partners Bharat Anand and Joyjyoti Mishra, principal associate Arjun Rajagopal and associate Nidhi Kilawala advised GTI Capital.

Trilegal Delhi partner Ravindra Bandhakavi, counsel Vaibhav Kothari and senior associate Parnika Malhotra acted for IFC

Comments

Firangi pani 6 Jan 2016, 11:09

+5 -1

Did the negotiations coincide with the NLS alumni meet?

Puppoo 8 Jan 2016, 05:44

+2 -1

Someone part of the transaction told me the Kco delhi team did nothing but kept on sitting silent through the discussions!

AZB 6 Jan 2016, 12:13

+3 -0

Congrats Rinks!!

Ex-AZB 6 Jan 2016, 12:27

Early partnership promotion courtesy LI! Well deserved.

kianganz 6 Jan 2016, 12:51

Thanks for pointing out - as far as I know Rinki is not (yet?) a partner. Sorry for the error, were given some incorrect information, should have double checked...

Ex-AZB 6 Jan 2016, 13:14

+4 -0

Don't worry about it - she's basically a partner anyway. It's just a matter of time before the error becomes true! :)

Shocked and stunned 6 Jan 2016, 13:03

+0 -1

So many lawyers. Oof!

VJ 7 Jan 2016, 04:43

+1 -0

Go Ninja!

Commenting is closed for this article.