news
REUTERS/Stringer

Cyril Amarchand Mangaldas and White & Case have advised Adani Enterprises on its $392 million agreement to acquire Macquarie Asia Infrastructure Fund's India toll roads in the states of Andhra Pradesh and Gujarat, with Shardul Amarchand Mangaldas and Allen & Overy representing the sellers.

The transaction is expected to close in September, subject to regulatory approvals and customary conditions.

The CAM team was led by partner Ajay Sawhney, who was supported by partners Paridhi Adani and Aditi Misra, while the White & Case team was led by partners David Lewis in London and Sayak Maity in Singapore.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

Appointments

TT&A builds cap markets strength with latest CAM  partner exit

by Nimitt Dixit |

Abhinav Kumar, who led Cyril Amarchand Mangaldas’ capital markets practice for the Western region, has jumped to Talwar Thakore & Associates, the latest in a string of high-profile departures from the top-tier Indian law firm.

Appointments

Top CAM dealmaker rocks market with move to Khaitan

by Nimitt Dixit |

Top Indian dealmaker Shishir Vayttaden has left the equity partnership at Cyril Amarchand Mangaldas to join Khaitan & Co, along with two other partners in his team, K. Aishwarya and Aditi Singhvi.

Appointments

CAM adds real estate partner in Ahmedabad

by Nimitt Dixit |

Cyril Amarchand Mangaldas has added a fourth partner to its ranks in July as real estate attorney Siddharth Singh joins the firm along with his entire team in Ahmedabad. Singh previously ran his own law firm SBS Legal Advocates in the city.