Freshfields Bruckhaus Deringer has topped the mergermarket value league table of international law firms that advised on M&A deals in the record 2016 calendar year.

AZB & Simpsons reprised roles for KKR, with Amarchand and Davis Polk acting for the sellers.

Private equity giant Blackstone has widened its circle of standing Indian advisers to include Desai & Diwanji on its latest investments in the power sector, having used Khaitan & Co on its previous two major deals. Luthra & Luthra advised its long-standing clients Moser Baer Projects in the $300m stake buy, and Clarus Law led for Monnet Power Company on Blackstone’s $70m investment.