Cyril Amarchand Mangaldas has advised Blackstone on its 75-billion-rupee ($1 billion) acquisition of Piramal Group’s Piramal Glass, which was counselled by Trilegal.

According to media reports, Blackstone’s acquisition would be Piramal's second recent deal with a major private equity firm, coming after a June agreement to sell a 20 percent stake in its Piramal Pharma unit to The Carlyle Group.

The Cyril Amarchand Mangaldas team was led by partner Shishir Vayttaden. Meanwhile, partners Sridhar Gorthi and Harsh Maggon led the Trilegal team.

 

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

Related Articles

Deals

Nishimura advises Panasonic Connect on $1 bln partnership with Orix

by Asian Legal Business《亚洲法律杂志》 |

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

Features

BRIEFS: Pharma Provides Japan M&A Shot in the Arm as Drugmakers Hunt for Growth

by Sarah Wong |

Shackled by a shrinking population and weak domestic demand, corporate Japan has been looking overseas for inorganic expansion as anaemic domestic fundamentals curtail growth prospects and investor confidence.

Appointments

Tokyo International continues growth with two more partners

by Sarah Wong |

Japanese firm Tokyo International Law Office has continued its growth this year with the hire of two new partners: Makiko Kawamura joins from EY Japan to launch a new tax practice, while construction expert Hojung Jun comes on board from Baker McKenzie.