Jurisdiction - India
Firm Deal Value Client Lawyer(s) involved Amarchand & Mangaldas & Suresh A. Shroff & Co (Indian counsel) Firstsource Solutions Ltd's redemption of foreign currency convertible bonds and working capital needs of Firstsource Solutions group $50 million ICICI Bank Ltd (Arranger, agent and lender) Runa Ghosh Amarchand & Mangaldas & Suresh A. Shroff & Co Mahindra and Mahindra Financial Services Ltd’s qualified institutions placement of equity shares Rs. 8,667.98 million ($159.47 million) Lead managers – 1.Kotak Mahindra Capital Company Ltd 2. Citigroup Global Markets India Private Ltd 3. Deutsche Equities India Private Ltd 4. HSBC Securities and Capital Markets (India) Pvt Ltd 5. JM Financial Institutional Securities Pvt Ltd Yash Ashar (Partner) Amarchand & Mangaldas & Suresh A. Shroff & Co Offer for sale by Blue Dart Express promoters Confidential Citi Yash Ashar, Gaurav Gupte (Partners) Amarchand & Mangaldas & Suresh A. Shroff & Co PVR Ltd’s preferential issue of equity to its promoters, existing investor L capital and private equity investor multiples private equity fund Rs. 260 crores ($48.94 million) PVR Ltd Shardul S. Shroff (Managing partner) Akila Agrawal (Partner) Sourav DeBiswas (Principal associate) Amarchand & Mangaldas & Suresh A. Shroff & Co PVR Ltd’s proposed acquisition of 69.27 percent (promoter stake) in Cinemax India Ltd Rs. 394.97 crores ($72.67 million) PVR Ltd Shardul. S. Shroff (Managing partner) Akila Agrawal, Kalpataru Tripathy, Pranav Sharma (Partners) Shruti Kinra (Principal associate) AZB Partners PVR Ltd’s preferential issue of equity to its promoters, existing investor L capital and private equity investor multiples private equity fund Rs. 260 crores ($48.94 million) L Capital Ajay Behl (Managing partner) Ritika Rathi (Partner) Cleary Gottlieb Steen & Hamilton LLP (International counsel) Offer for sale by Blue Dart Express promoters Confidential Citi Sebastian R. Sperber (Partner) Desai & Diwanji Waterlogic’s 50:50 JV with Aquamall Water Solutions Ltd Confidential Aquaignis Technologies Pvt Ltd Natasha Treasurywala Jones Day (International counsel) Mahindra and Mahindra Financial Services Ltd’s qualified institutions placement of equity shares Rs. 8,667.98 million ($159.47 million) Lead managers – 1.Kotak Mahindra Capital Company Ltd 2. Citigroup Global Markets India Private Ltd 3. Deutsche Equities India Private Ltd 4. HSBC Securities and Capital Markets (India) Pvt Ltd 5. JM Financial Institutional Securities Pvt Ltd Nikhil Naredi (SG Partner) Khaitan & Co EIH Associated Hotels Ltd’s rights issue $20.15 million EIH Associated Hotels Ltd Vibhava Sawant (Partner) Khaitan & Co Mahindra and Mahindra Financial Services Ltd’s qualified institutions placement of equity shares Rs. 8,667.98 million ($159.47 million) Mahindra and Mahindra Financial Services Ltd Ragini Aiyer (Partner) Khaitan & Co Mahindra Satyam’s launch of a JV in association with SBI Holdings Inc, Japan $50 million Mahindra Satyam Ravi Kulkarni (Senior partner) Vaishali Sharma (Partner) Khaitan & Co (Indian counsel) Otsuka Pharmaceutical Factory, Inc and Mitsui & Co Ltd’s proposed investment in Claris Specialty Injectables Ltd Confidential Otsuka Pharmaceutical Factory, Inc Bhavik Narsana, Rabindra Jhunjhunwala, Devidas Banerjee, Avaantika Kakkar, Daksha Baxi, Dinesh Agarwal, Adheesh Nargolkar, Chakrapani Misra, Sudip Mullick, Abhishek Sharma Khaitan & Co Waterlogic’s 50:50 JV with Aquamall Water Solutions Ltd Confidential Waterlogic PLC Kalpana Unadkat (Partner) Linklaters LLP Firstsource Solutions Ltd's redemption of foreign currency convertible bonds and working capital needs of Firstsource Solutions group $50 million Firstsource group Aditya Shroff, Sophie Lyall Linklaters LLP Offer for sale by Blue Dart Express promoters Confidential DHL Express (Singapore) Pte Ltd Arun Balasubramanian (Partner) Talwar Thakore & Associates Offer for sale by Blue Dart Express promoters Confidential DHL Express (Singapore) Pte Ltd Rahul Gulati (Partner) Wadia Ghandy & Co PVR Ltd’s proposed acquisition of 69.27 percent (promoter stake) in Cinemax India Ltd Rs. 394.97 crores ($72.67 million) Kanakia family (Promoters of Cinemax India Ltd) WongPartnership LLP (International counsel) Mahindra Satyam’s launch of a JV in association with SBI Holdings Inc, Japan $50 million Mahindra Satyam Low Kah Keong, Felicia Marie NG WongPartnership LLP (International counsel) Mahindra Satyam’s launch of a JV in association with SBI Holdings Inc, Japan $50 million SBI Holdings Inc, Japan Low Kah Keong, Felicia Marie NG Vaish Associates PVR Ltd’s preferential issue of equity to its promoters, existing investor L capital and private equity investor multiples private equity fund Rs. 260 crores ($47.83 million) Private equity investor multiples private equity fund Bomi Daruwala (Partner) Siddharth Dang, Madhav Sharma (Associates)
Jurisdiction – Indonesia
Firm Deal Value Client Lawyer(s) involved Hadiputranto, Hadinoto & Partners Fumakilla Ltd’s acquisition of 70 percent equity interest in Technopia Sdn Bhd, and 70 percent equity interest in PT Technopia Jakarta Confidential Fumakilla Ltd Mark Innis (Foreign legal consultant) Hadiputranto, Hadinoto & Partners PT Medco Downstream Indonesia’s partial divestment of a 63.88 percent majority shareholding in PT Medco Sarana Kalibaru to Puma Energy (Singapore) Pte Ltd Confidential PT Medco Downstream Indonesia Norman Bissett (consultant)
Jurisdiction – Malaysia
Firm Deal Value Client Lawyer(s) involved Wong & Partners Fumakilla Ltd’s acquisition of 70 percent equity interest in Technopia Sdn Bhd, and 70 percent equity interest in PT Technopia Jakarta Confidential Fumakilla Ltd Munir Abdul Aziz (Partner)
Jurisdiction – Philippines
Firm Deal Value Client Lawyer(s) involved Sycip Salazar, Hernandez & Gatmaitan Firstsource Solutions Ltd's redemption of foreign currency convertible bonds and working capital needs of Firstsource Solutions group $50 million ICICI Bank Ltd (Arranger, agent and lender) Mia Gentugaya
Jurisdiction – Singapore
Firm Deal Value Client Lawyer(s) involved Baker & McKenzie.Wong & Leow PT Medco Downstream Indonesia’s partial divestment of a 63.88 percent majority shareholding in PT Medco Sarana Kalibaru to Puma Energy (Singapore) Pte Ltd Confidential PT Medco Downstream Indonesia Jon Worsfold (Partner) Herbert Smith Freehills LLP Gemshine’s acquisition of Compass Point mall S$519 million Gemshine Investments (S) Pte Ltd Simon Taskunas Cheryl Neo (Senior associate) Amy Hale (Associate) Jones Day Firstsource Solutions Ltd's redemption of foreign currency convertible bonds and working capital needs of Firstsource Solutions group $50 million ICICI Bank Ltd (Arranger, agent and lender) Sushma Jobanputra (Partner) Nigel Chin (Associate)
Where exact value is not known, ALB will use an approximate value based on available market data or coverage.
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