M&A and financings from the last three weeks starring Amarchand Mangaldas, AZB & Partners, J Sagar Associates (JSA), HSA Advocates, Khaitan & Co, Talwar Thakore & Associates, and Khaitan Sud & Partners.

Corporate/M&A and joint ventures

PepsiCo Delhi franchisee Pearl Drinks sold its Delhi business to Varun Beverages - part of the RK Jaipuria group of companies Pearl Drinks: HSA Advocates partner Aparajit Bhattacharya, partner designate Harvinder Singh and senior associate Sumedha Dutta PepsiCo: J Sagar Associates (JSA) founding partner Jyoti Sagar with Gurgaon partner Upendra Nath Sharma and senior associate Nitesh Bhasin Varun Beverages: In-house

Blackstone Capital Partners Singapore and associate companies bought a 12.5 per cent stake in International Tractors (ITL) from its promoters Promoters of ITL: Amarchand Mangaldas Delhi principal associate Chandrasekhar Tampi, senior associate Gaurav Dayal and associate Maureen Ralte Blackstone: AZB & Partners Delhi partner Essaji Vahanvati

Mumbai-based pharma company Dosch Pharmaceuticals sold its animal health business to Sanofi-Synthélabo (India) for entry of Sanofi’s animal health business Merial in India Dosch: Khaitan & Co Mumbai corporate partner Anand Mehta with tax executive directors Daksha Baxi, and Nihal Kothari, and partner Sanjay Sanghvi Sanofi: Talwar Thakore & Associates partner Kunal S Thakore

GlaxoSmithKline (GSK) and Biological E formed a 50:50 research and development joint venture for a pediatric polio vaccine Glaxo Smith Kline: AZB & Partners Biological E: Amarchand Mangaldas Delhi partner Puja Sondhi and principal associate designate Ramanuj Gopalan

Genesis group’s GLB Body Care won franchisee rights for selling French cosmetics brand Sephora in India Sephora: Khaitan & Co Mumbai director Ketan Kothari Genesis: In-house

Domestic and cross-border remittance services company Network International bought a majority stake in Mumbai-based Times group company TimesofMoney through a secondary purchase of equity shares from Times Internet Network International: AZB & Partners Mumbai partner Kalpana Merchant with associates Jasmine Karkhanis and Vivek Raja Bennett Coleman & Company, Times Internet and TimesofMoney: Nishith Desai Associates

Projects and finance A State Bank of India (SBI)-led consortium funded Rs 900 crore ($167m) to Windfarm Development for a wind power project in Maharashtra Windfarm Development: Amicus Advocates & Solicitors partners Shivi Agarwal and Madhav Rastogi Consortium: Desai & Diwanji Mumbai former partner Geeta Saha and partner Vaibhav Shukla

Axis Bank extended a Rupee term loan facility of Rs 290 crores to Eurotas Infrastructure for setting up a cement making unit in Maharashtra Axis Bank: Khaitan & Co Mumbai partner Shishir Mehta Eurotas Infrastructure: In-house

State Bank of India, Allahbad Bank, State Bank of Hyderabad and Corporation Bank extended Rs 419 crore to the Bajaj group’s Bajaj Energy for five different thermal power projects Lenders: Khaitan Sud & Partners (KSP) principal associate Sujeet Das, senior associate Priyadarshi Debashis Satapathy and associates Prerika Arora and Jayant Gupta Bajaj Energy: In-house

State Bank of India (SBI) extended Rs 1,450 crore to Jindal Steel and Power for a steel plant and a plate mill in Odisha SBI: KSP partner Tanuj Sud with principal associate Sujeet Das, senior associate Priyadarshi Debashis Satapathy, and associate Henna Vadhera

Competition Eastern India Motion Pictures Association (EIMPA) was relieved of a penalty issued by the Competition Commission of India (CCI) against it for non-compliance of its orders, before the Competition Appellate Tribunal (Compat) EIMPA: Khaitan & Co Delhi partner Manas Kumar Chaudhari