Withers has advised the State Bank of India over a £300 million ($423 million) loan facility for the acquisition of The Old War Office in London by the Hinduja Group, which was represented by Norton Rose Fulbright.
The landmark property was acquired by The Hinduja Group in partnership with Spanish development company Obrascon Huarte Lain Desarrollos and is intended to be converted into a luxury hotel.
The Withers team was led by partners David Dannreuther and Paul Brecknell.
Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.
Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.
Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.