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Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

 

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. 

The BRLMs on the deal were Axis Capital, IIFL Securities, Intensive Fiscal Services,…

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.

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.

Skadden, Shihui, Ogier advising bubble-tea maker Guming on up to $500 mln HK IPO

by Mari Iwata |

Skadden, Arps, Slate, Meagher & Flom, Shihui Partners and offshore law firm Ogier are acting for Guming, China’s second-largest bubble-tea maker, on its IPO on Hong Kong Stock Exchange that aims to raise between $300 million and $500 million.

S&R, TT&A advise on $2.5 bln India telecom deal

by Nimitt Dixit |

Indian law firm S&R Associates has guided Data Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by Brookfield Asset Management, on its 100 percent acquisition of American Tower Corp’s India operations for $2.5 billion. ATC was represented by Talwar Thakore & Associates.

Saraf, SAM, NO&T drive Maruti Suzuki’s $1.5 bln stock deal

by Nimitt Dixit |

Indian law firm Saraf and Partners has advised Maruti Suzuki India Limited (MSIL) on its $1.5 billion acquisition of Suzuki Motor Gujarat (SMG) from Japan's Suzuki Motor Corporation, which was represented by Shardul Amarchand Mangaldas and Nagashima Ohno & Tsunematsu.