AZB, SAM on $2bn GIC buy in DLF

Monday, 4 September 2017 By Legally India Corporate M&A

“A stake sale by DLF Ltd’s promoters to an affiliate of Singapore’s sovereign wealth fund GIC Pte Ltd will see capital infusion of nearly Rs 13,000 crore into India’s largest property developer,” reported Mint.

AZB & Partners partner Sai Krishna Bharathan, partner Vivek Bajaj and partner Rahul Rai and senior associates Vydyanathan L, Ranjit Kumar and Rhea Mathew acted for GIC.

Shardul Amarchand Mangaldas (SAM) partner Akila Agrawal acted for DLF.

AZB & PartnersShardul Amarchand Mangaldas

Comments

Lexpert 4 Sept 2017, 12:10
+0 -0
I think it's Akila Agarwal?
kianganz 4 Sept 2017, 12:11
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Thanks for pointing out - Agrawal actually... Correcting...
Guest 4 Sept 2017, 12:29
+1 -1
Bhai, headline mein CAM, andar sAM....aakhir chal kya raha hai !!
kianganz 4 Sept 2017, 12:32
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Thanks, terribly sorry about that one too!
Delhi Gurugram 5 Sept 2017, 07:02
+3 -0
Half baked knowledge is a dangerous thing. And reporting based on the same is worse. You need to hone your research skills.A lot more lawyers have acted in the deal and have performed crucial roles. The real estate team of SAM headed by Mrinal acted for DLF and Wadia Ghandy has represented GIC as well. Now do some research and find out who all acted for both the parties.
Tau 6 Sept 2017, 11:56
+1 -1
The firms most of the time report the deal and Kian doesnt go desk to desk of a firm seeking confirmation of associates and interns working on a deal. Why dont you send him the names of bittu,tittu and others who acted for both the parties. It was a SAM and AZB deal all the way. The negotiating partner typically gets the credit. Minor roles of partners giving inputs such as tax, competition and real estate are not taken into consideration unless the firm thinks the role was significant enough.
Get some sense Tau 7 Sept 2017, 05:12
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Tau, if bar and bench can, so can LI. Don't be the judge of minor and major unless you were on that table.
Delhi Gurugram 7 Sept 2017, 13:36
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Who is talking about credit? Only talking about inaccurate reporting. 'Credit' is a myth anyways. Everyone's self knows the reality. And by the way which ball of Kian are you? The left one or the right one? Or you are the non-negotiating one which is left out?
Yaar 7 Sept 2017, 07:24
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If you want to be mentioned in this report, do please email Kian. It's as simple as that. Go on, don't be shy.
Commenting is closed for this article.