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CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

 

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. 

Additionally, Renew Exim will acquire a 26 percent stake in ITD…

Wadia Ghandy, CAM guide StanChart’s $490 mln sale of personal loan business

by Nimitt Dixit |

Wadia Ghandy has guided Kotak Mahindra on its acquisition of Standard Chartered Bank’s personal loan business in India for $490 million, with Cyril Amarchand Mangaldas advising Standard Chartered.

AZB, S&R act on $645 mln Afcons IPO

by Nimitt Dixit |

AZB & Partners is advising Afcons, one of India’s largest international infrastructure construction companies, on its upcoming initial public offering worth $645 million. S&R Associates is acting for the bookrunning lead managers.

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

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.

R&T guides VietJet on historic $8 bln aviation deal

by Nimitt Dixit |

Singapore’s Rajah & Tann has advised Vietnam's VietJet Air on reaffirmation of its $8 billion deal with CFM International to acquire over 400 CFM advanced Leap 1B Aircraft Engines.

Davis Polk, Gibson Dunn advise on $2.3 bln Nippon Paint-AOC deal

Davis Polk & Wardwell has advised Japanese paint manufacturer Nippon Paint on its $2.3 billion acquisition of U.S. chemicals formulator AOC from Lone Star Funds, which was represented by Gibson, Dunn & Crutcher.

Stephenson Harwood, Links advise on $349 mln SG-UK taxi deal

Stephenson Harwood has advised Singaporean transport operator ComfortDelGro on its 269-million-pound ($349 million) acquisition of the British private hire cab and courier company Addison Lee, whose shareholders were represented by Linklaters.

Simpson Thacher advises CVC Capital on $6.8 bln Asia fund

by Mari Iwata |

U.S. law firm Simpson Thacher & Bartlett has advised PE fund CVC Capital Partners on the establishment of its sixth Asia fund, CVC Capital Partners Asia VI, which raised $6.8 billion.

White & Case guides TotalEnergies on $903 mln purchase of stake in Malaysia’s SapuraOMV

by Mari Iwata |

White & Case has advised French energy group TotalEnergies on its $903 million acquisition of a 50 percent stake in Malaysia-headquartered SapuraOMV from Austrian oil and gas company OMV.

5 firms act on $5.9 bln Japan-Australia chip industry deal

by Mari Iwata |

DLA Piper, Covington & Burling and Nagashima Ohno & Tsunematsu are advising Japanese automotive chipmaker Renesas on its planned A$9.1 billion ($5.9 billion) acquisition of Australian electronics design firm Altium, which is being represented by King & Wood Mallesons and Reed Smith.