Obhan Associates helps Penguin Random snarfle Duckbill Books

Penguin Random House India has acquired the book-publishing assets of Duckbill Books that includes titles and its backlist of non-fiction and fiction books across a broad range of categories. “The Duckbill brand will be published within Penguin Random House India’s children’s publishing group division,” Penguin Random House (PRH) announced Friday. — Businessinsider

Obhan & Associates advised Penguin Random House India led by a team of partner Ashima Obhan, principal associate Vrinda Patodia, associate Nishtha Jaisingh and associate Meetali Agarwal.

The firm assisted in the acquisition of the book publishing assets of Duckbill Books, which includes titles and its backlist of non fiction and fiction books across a broad range of categories, as well as in negotiating and finalizing the asset purchase agreement, IP acquisition agreement and novation agreement, along with the supporting documents required such as consent letters from individual authors and illustrators, according to the firm.

2019-11-29

Deal value: Confidential

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