AZB Partners has advised Wipro Indian software services exporter Wipro Ltd on its biggest-ever contract, a 10-year deal worth more than $1.5 billion with U.S.-based Alight Solutions for digital services.

Alight was represented by IndusLaw and Kirkland & Ellis.

Wipro, one of India’s top IT firms, said it would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance for Illinois-based Alight Solutions, according to Reuters.

Reuters added that in July, the Bengaluru-based firm had said it would buy Alight Solutions’ India operations for $117 million in cash. 

The AZB Partners team was led by partner Srinath Dasari, with Nils Vernooij heading the Wipro in-house team. 

The IndusLaw team was headed by partners Gaurav Dani and Saurav Kumar, with competition law advice provided by partner Avimukt Dar. The Alight in-house team led by Dalbir Sahrawat.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Ropes, AMT, Nishimura act on Bain’s $694mln Japanese motorcycle ride

by Nimitt Dixit |

Ropes & Gray and Anderson Mori & Tomotsune have advised global private equity giant Bain Capital on its $694 million majority acquisition of Red Baron Group - Japan’s largest used-bike dealer.

AZB, STB act on OYO’s $525 mln U.S. bet

by Nimitt Dixit |

AZB & Partners has acted for Oravel Stays, the parent of e-hotelier OYO, on its proposed $525 million acquisition of U.S. motel operator G6 Hospitality from PE fund Blackstone. Simpson Thacher & Bartlett acted for Blackstone on the deal.

Nishimura advises Panasonic Connect on $1 bln partnership with Orix

Nishimura & Asahi has advised Panasonic Connect, a subsidiary of Japan’s Panasonic Holdings, on a strategic capital partnership with ORIX for its projector business.