Australian PE firm, Allegro Funds is all set to acquire Japan Post and Toll Group’s Australian freight and freight forwarding arm, Toll Global Express, subject to regulatory approvals and other customary closing conditions, as per the reports. Toll Global Express could end up in Australian hands if ...

Japanese trading house, Sojitz Corporation has invested in Malaysia based Qualitas Medical, a leading primary healthcare and wellness services provider in Asia Pacific region by acquiring equity interest, as per the press release by Sojitz . The capital injected will be used by Qualitas for funding ...

AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel India, now renamed as ArcelorMittal NipponSteel India (AM/...

Terna S.p.A. (“Terna”) signed an agreement to acquire 90% stake in the share capital of Brugg Kabel AG (Brugg Group), one of the leading operators in the underground-cable sector, designing, developing, creating, installing and maintaining electrical cables of all voltage levels and accessories for ...

Thomas Cook India has acquired brand rights of the iconic UK travel firm from its erstwhile promoters for Rs 14 crore. After the acquisition, Thomas Cook will not undergo a name change in India and will now focus on business consolidation and new technologies, said company chair Madhavan Menon. — Bu...

Trivest Partners, LP (“Trivest” or the “Firm”) announces it has made an investment in Quatrro Business Support Services (“QBSS” or “the Company”). The QBSS transaction represents the 9th platform company investment in the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to maki...

UK mid-market private equity firm Equistone Partners Europe has struck a deal to acquire the knowledge services arm of Moody’s. — PENews Cyril Amarchand Mangaldas handled the India leg of the deal for Equistone Partners Europe led by a team of managing partner Cyril Shroff and included partners Gaut...

AllyGrow Technologies, a global engineering service provider to the automotive, heavy engineering and aerospace industries, and Grammer AG, one of the leading automotive interior specialists well known for its innovative and high-quality products have recently joined forces in the form of setting up...

Birla group flagship Grasim Industries has signed an agreement to acquire Soktas India from its Turkish promoters for Rs 165 crore. Soktas is a wholly-owned subsidiary of the Turkish firm Soktas Tekstil Sanayi ve Ticaret, which produces and markets premium fabrics and has its main facilities at Soke...

Toshiba has increased its stake to 100% in UEM India, according to reports . Indian Law Partners advised Toshiba , led by a team of partner Gopika Pant , partner Vineet Gupta . Amicus Services acted for the promoters of UEM India. DSK Legal advised the other shareholder True North . 2018-03-01 {inco...

“The Asian Development Bank (ADB) has signed an agreement to invest $50 million in Avaada Energy Private Limited (AEPL) to help the company rapidly scale up photovoltaic solar energy generation capacity in India,” according to its press release . Indian Law Partners (ILP) advised Avaada Energy led b...

Renewables company Avaada Energy Private Limited has taken investments from Development Finance Institutions (DFIs) - DEG from Germany and FMO from the Netherlands, as reported by VCCircle . Indian Law Partners advised Avaada Power and its promoters led by a team of ILP partners Gopika Pant and Vine...

At least seven law firms advised on the giant deal. “With the shared mobility concept gaining traction in India and other markets, South Korean automobile manufacturer Hyundai Motor Group on Tuesday announced an investment of $300 million in India’s biggest cab aggregator Ola Cabs, as part of a stra...

“UK firm Savills expands base in India: UK-based real estate advisor, Savills, has expanded its business into a full-service platform,” reported Hindu Business Line . The deal included the management group’s acquisition of equity in Savills India. Indian Law Partners advised Savills led by a team of...

“Hyundai Motor Company has invested in Indian self-drive car rental startup Revv, joining a raft of global carmakers backing new tech-enabled ventures that are transforming the auto industry worldwide,” reported VC Circle . Indian Law Partners (ILP) partners Gopika Pant and Vineet Gupta , senior ass...

dated: now“Kia Motors, a minority-owned subsidiary of Korean auto major Hyundai Motor Company, is likely to set up a manufacturing facilty in Andhra Pradesh with an investment worth Rs 10,300 crore. The car manufacturing facility, a first for Andhra Pradesh, will involve two phases with a cumulative investment of $1.6 billion, or Rs 10,300 crore, with first phase of investment amounting to about Rs 6,000 crore,” reported the Hindustan Times.

International firm Ashurst’s local best friend Indian Law Partners (ILP) has hired sports and media lawyer Kiran Desai in Mumbai to head up its intellectual property, media, entertainment and sports law practice.

Indian Law Partners (ILP) advised French beauty products maker L’Occitane International on leading a $6m funding round in on-demand beauty services startup MyGlamm which was advised by ALMT Legal. ILP partner Gopika Pant, counsel Vineet Gupta, senior associate Rakshika Kaul and associate Abhimanyu K...

Khaitan & Co advised VSK Holdings and its promoters Vikram Kirloskar and Geetanjali Kirloskar on selling their stake in Takshashila Hospitals to existing joint venture partners Toyota Tsusho Corporation Japan and Secom Medical System Singapore, which were advised by J Sagar Associates (JSA). Kh...

Indian Law Partners (ILP) co-founding partner Piyoosh Gupta has started his own law firm PSG Legal, aiming to expand rapidly.