Jones Day has promoted 2007 NLSIU Bangalore graduate and former AZB & Partners associate Vinay Kurien to its partnership in Singapore, with effect from 1 January 2020.

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $50m acquisition finance loan facility provided for the acquisition of a multinational software company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct Fi...

Jerome Merchant + Partners represented Crestline Direct Finance, as Indian counsel, in connection with a $100m acquisition finance loan facility provided for the acquisition of a multinational healthcare company with operations in India and the US. Jerome Merchant + Partners advised Crestline Direct...

General Electric Company sold the small industrial motors business of its Power Conversion division to China’s largest electric motors maker, Wolong Electric Group Co, according to reports . Jerome Merchant + Partners advised General Electric Company on Indian law issues, led by partner Vishnu Jerom...

“Procter & Gamble has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros ($4.2 billion), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets,” reported CNBC. The transaction involved the acquisition of Merck Limited, a listed Indian company, through Procter & Gamble Overseas India B.V, including 3,300 Merck employees. A mandatory tender offer to minority shareholders will be made for the Indian entity.

“UPL Corporation Ltd, a wholly owned subsidiary of agrochemical solutions provider UPL Ltd, has signed a definitive agreement with Platform Specialty Products Corporation to acquire Arysta LifeScience Inc, a global provider of innovative crop protection solutions, and its subsidiaries for approximat...

India’s leading integrated business services provider, Quess Corp has completed its acquisition of job listing platform Monster.com’s business in India, South East Asia and the Middle East from Monster Worldwide for an estimated Rs 89.6 crores ($14m), as reported by VC Circle and The Economic Times ...

On April 12, 2017, the Brazilian Central Bank cut the SELIC benchmark interest rate by 1% as inflation for the twelve months ended March 2017 slowed to 4.57% from a high of 10.71% for the twelve month period ended January 2016. Although GDP declined by almost 3.5% in 2016 over the prior year, foreign direct investment into Brazil increased by 6 per cent over the same period to 78.9 billion dollars. Anectodal evidence suggests that M&A activity has increased in Brazil as Brazil`s third largest airline Azul successfully sold 645 million dollars of shares in an initial public offering listing its shares on the New York Stock Exchange and the Sao Paulo BM&F Bovespa.

Link Legal advised digital healthcare platform 1MG Technologies on raising Rs 100 crore ($15m) from Maverick Capital Ventures which was advised by Shardul Amarchand Mangaldas (SAM) and Jones Day. Existing investors also participating in the round were Sequoia Capital which was advised by Themis Associates, Omidyar Network which was advised by Trilegal, and Dumac.

Cyril Amarchand Mangaldas and Dorsey & Whitney advised the ministry of power on the National Thermal Power Corporation’s (NTPC) Rs 5000 crore Offer for Sale (OFS). The OFS was brokered by SBICAP Securities, ICICI Securities, Edelweiss Securities and Deutsche Equities India which were advised by...

Cyril Amarchand Mangaldas and Herbert Smith Freehills (HSF) advised the finance ministry on the disinvestment of 10 per cent stake in Engineers India (EIL), through an Offer for Sale (OFS). Shardul Amarchand Mangaldas and Jones Day advised the brokers SBICAP Securities, ICICI Securities, Edelweiss F...

Jones Day Singapore capital markets partner and India head Manoj Bhargava and of counsel Ankit Kashyap will join top US firm Sidley in Singapore, only several months after Sidley’s capital markets partner in Singapore, Prabhat Mehta, moved to the firm’s New York office full time.

Former Jones Day India partner Sumesh Sawhney joined Lakshmikumaran & Sridharan (LKS), as partner, to open up the firm’s office in London.

Jones Day Singapore capital markets partner and India group head Manoj Bhargava and of counsel Ankit Kashyap have both resigned from the firm around a week ago.

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 advis...

Jones Day has promoted NLSIU Bangalore 2003 graduate Karthik Kumar to its partnership.

Shardul Amarchand Mangaldas acted for Blackstone on its sale of shares in the Rs 500 crore ($75 m) initial public offer (IPO) of fragrance maker SH Kelkar & Co which was advised by DSK Legal. Khaitan & Co and Jones Day advised the IPO’s book running lead managers JM Financial Institutional Securities and Kotak Mahindra Capital Company.

Gokul Rajan, currently consultant at Citibank in Mumbai, and Nikhil Naredi, Singapore-based associate at Jones Day, are both set to be joining the new firm that will be started by Amarchand Mumbai managing partner Cyril Shroff, as partners to beef up the capital markets practice.

Talwar Thakore & Associates (TTA) are advising Anil Ambani’s debt-ridden Reliance Communications (R-Com) in raising up to Rs 6,100 crore ($1bn) by selling shares through Qualified Institutional Placement (QIP) and the sale of warrants. S&R Associates and Jones Day advised the lead managers...

The proposed takeover by Gurgaon-based Apollo Tyres of Ohio-based Cooper Tire & Rubber remained on tenterhooks, as the US company’s bid in a Delaware court to force the deal to close continued unresolved. Amarchand Mangaldas Delhi and Sullivan Cromwell represented Apollo on the M&A deal, a...