Articles tagged with: Simpson Thacher & Bartlett
Simpsons joins AZB-SAM gravytrain in $1.5bn KKR also-want-buy into Jio
The line of investors patiently queuing outside Reliance Industries’ frontdoors has only been getting longer, though the lines of law firms has remained a by-now routine short list of AZB, SAM plus a new international firm. Shardul Amarchand Mangaldas’ national head of corporate, Raghubir Menon, com...
JSA helps Indiabulls on selling out fully to SAM’s Blackstone for $394m
Blackstone already held a 50% stake in Indiabulls Real Estate, making this a quasi-joint venture.
Pioneer, NDA, CAM help KKR buy EuroKids Int’l from Gaja for $205m
KKR & Co. Inc … said it has bought a majority [90%] stake in education services provider EuroKids International Pvt. Ltd from its existing investor consortium led by Gaja Capital. — Mint Pioneer Legal advised the seller, Gaja Capital , led by a team of partners Satish Kishanchandani , partner M...
AZB, NDA for KKR, GIC in $363m bet on IndiGrid (with CAM, Khaitan, NDA)
“India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) will acquire five electricity transmission assets worth ?11,500 crore ($1.66 billion) from Sterlite Power,” reported Hindu Business Line . “Global alternative assets giant KKR is moving to acquire a controlling stake in Sterlit...
Trilegal, SAM, Khaitan act on $462m buy of Essel Propack by Blackstone with Simpsons, Bakers
US private equity major Blackstone has proposed acquiring a majority stake in Indian packaging company Essel Propack Ltd (EPL) for an amount up-to ?3,211 crore (approximately $462 million), according to Bloomberg . Trilegal advised Blackstone led by a team of partners Nishant Parikh and Anirudh Agar...
HSA, SullCrom, Simpsons act on $2bn Altran acquisition of Aricent Tech from 2017
“Aricent acquired by Altran Group in a $2Bn all-cash deal - ETtech: Aricent has 10,500 employees, of which 8,500 are located in India. It generated revenues of $687M for the twelve month period up to June 2017,” reported The Economic Times . HSA Advocates advised Altran led by a team of partners: Sh...
JSA, Platinum act on France’s Teleperformance $1bn buy of India’s Intelenet from Blackstone
French outsourcing firm Teleperformance has bought business process solutions company Intelenet for $1bn from Blackstone, in a transaction that had been announced in June, according to reports . Platinum Partners acted as Indian counsel for Mumbai-headquartered Intelenet , which had been founded in ...
India’s first REIT debuts today with a little help from CAM, S&R, may raise $720m
India’s first real estate investment trust (REIT) has filed its preliminary prospectus today, four years after the regulation had been notified, with the Blackstone Group and Embassy Group cooperating on the issue, which could yield $720m, according to Bloomberg . REITs allow investors to take stake...
CAM, Link Legal, Simpson Thacher, WongPartnership, Simmons on $530m KKR buy in Ramky Enviro Engineers
“Private equity firm KKR and Co. on Sunday said that it will acquire a 60% stake in environmental solution provider Ramky Enviro Engineers Ltd (REEL) for $530 million. This is the largest buyout by a private equity firm in India’s environmental services sector,” reported Mint . A Cyril Amarchand Man...
SAM, JSA on $732m Indiabulls stake sale to Blackstone
“Indiabulls Real Estate Ltd (IBREL) has executed definitive transaction documents with global private equity investor Blackstone Group LP to divest 50% stake in subsidiaries Indiabulls Properties Private Ltd and Indiabulls Real Estate Co. Pvt. Ltd at an aggregate enterprise value of $1.46bn or Rs9,5...
Khaitan, CAM, 2 foreigns on record $1.3bn Gland Pharma FDI from China
“Shanghai Fosun Pharmaceutical (Group) Co. Ltd, the Hong Kong-listed company controlled by billionaire Guo Guangchang, will acquire India’s Gland Pharma Ltd for $1.3 billion (Rs 8,700 crore), the company announced on Thursday. According to the agreement, Fosun will acquire an approximate 86% stake in Gland, including the 36% stake held by existing private equity firm KKR & Co,” reported Mint.
Which foreign firms have been busiest in Indian M&A? US firms grab bigger share than Brits in H1 2016
Shearman & Sterling, DLA Piper, White & Case and Allen & Overy had the largest number of recorded Indian M&A deals in the first six months of 2016, according to data intelligence provider mergermarket, each with five or four transactions.
SAM continues reaping from Blackstone ties, helps buy $1.1bn Mphasis from HP with Simpson Thatcher, Platinum and Freshfields
Shardul Amarchand Mangaldas and Simpson Thacher & Bartlett advised Blackstone on its $1.1bn (Rs 7071 crore) buy of Indian IT outsourcing services provider Mphasis from Hewlett Packard (HP) which was advised by Platinum Partners and Freshfields, as first reported by Bar & Bench , and confir...
Trilegal, Amarchand, Simpsons on China’s Alibaba investment in Paytm payment gateway
Trilegal and Simpson Thacher Bartlett advised Chinese online financial services company Ant Financial Services Group, an affiliate of Chinese e-commerce giant Alibaba, on its acquisition of a 25 per cent stake in One97 Communications, which runs Indian payment gateway Paytm. One97 was advised by Ama...
Good client: AZB, Simpson Thacher advise KKR on rs 750 crore Dalmia Cement stake
AZB & Partners and Simpson Thacher & Bartlett have reprised their joint roles for private equity house KKR in its Rs 750 crore ($166m) investment in Amarchand Mangaldas-advised Dalmia Cement.