Jurisdiction – India
Firm |
Deal |
Value |
Client |
Lawyer(s) involved |
Amarchand Mangaldas & Suresh A. Shroff and Co |
Madison India Capital Management’s minority stake acquisition in iYogi |
Confidential |
Madison India Capital Management LLC |
Akila Agrawal (Partner) Mukul Sharma, Megha Bhargava (Senior associates) Deepa Rekha, Kartik Khanna (Associates) |
Amarchand Mangaldas & Suresh A. Shroff and Co |
Videocon Mauritius Energy’s sale of its 100 percent stake in Videocon Mozambique Rovuma 1 to ONGC Videsh and Oil India |
$2.52 billion |
Videocon Hydrocarbon Holdings Ltd |
Shardul Shroff (Managing partner) Vidyut Gulati (Partner) Neha Yadav, Kushal Sinha (Associates) |
AZB & Partners |
Global takeover of the Harris Broadcast Communications by the Gores group |
Confidential |
Harris Broadcast Communications |
Abhijit Joshi (Partner) Ravi Prakash, Ratnadeep Roychowdhury, Sneha Gupta (Associates) |
AZB & Partners |
TATA Autocomp Systems’ acquisition of 50 percent stake in a joint venture company through TATA Toyo Radiator |
Confidential |
TATA Autocomp Systems Ltd |
Ashwin Ramanathan (Partner) Vijay Manjrekar (Associate) |
AZB & Partners |
Thomas Cook India’s acquisition of 22.86 percent of Sterling Holiday Resorts’ total equity capital |
Rs. 5.90 billion ($95 million) |
1.Thomas Cook India Ltd 2.Thomas Cook Insurance Services (India) Ltd |
Ashwin Ramanathan (Partner) Bhavi Sanghvi, Rinki Ganguli (Associates) |
DLA Piper (UK counsel) |
Carlyle Group and Cyberoam Technologies’ management shareholders’ sale of their 100 percent shareholding of Cyberoam to Sophos |
Undisclosed |
Sophos Ltd |
|
J. Sagar Associates |
Carlyle Group and Cyberoam Technologies’ management shareholders’ sale of their 100 percent shareholding of Cyberoam to Sophos |
Undisclosed |
1.Carlyle Group 2.Cyberoam Technologies’ management shareholders |
Somasekhar Sundaresan, Vikram Raghani (Partners) Anand Lakra (Senior associate) Bir Bahadur Singh Sachar (Associate) |
Khaitan & Co |
Balmer Lawrie purchase of the running travels and tour business with brand name ‘Vacations Exotica’ of Vacations Exotica Destinations |
Undisclosed |
Balmer Lawrie & Co Ltd |
Arvind Jhunjhunwala (Partner) |
Khaitan & Co |
Carlyle Group and Cyberoam Technologies’ management shareholders’ sale of their 100 percent shareholding of Cyberoam to Sophos |
Undisclosed |
Sophos Ltd |
|
Khaitan & Co |
Citigroup Global Markets India’s buyback offer of up to 9.88 percent of United Phosphorus’ equity share capital |
$50 million |
Citigroup Global Markets India Pvt Ltd |
Sudhir Bassi (Executive director) Arindam Ghosh (Partner) |
Khaitan & Co |
ECL Finance’s IPO of secured redeemable non-convertible debentures |
$80 million |
ECL Finance Ltd |
Sudhir Bassi (Executive director) Nikhilesh Panchal, Vibhava Sawant (Partners) |
Khaitan & Co |
Inox India’s credit facility grant to Cryogenic Vessel Alternatives |
$70 million |
Inox India Ltd |
Shishir Mehta (Partner) |
Khaitan & Co |
YES Bank’s secured loan grant to Korba West Power Company |
$8.8 million |
YES Bank Ltd |
Kumar Saurabh Singh (Associate partner) |
Shearman & Sterling |
Capital Square Partners and CX Partners-led financial consortium’s proposed acquisition of Aditya Birla Minacs’ global BPO business from ABNL IT & ITeS |
$260 million |
Capital Square Partners and CX Partners-led financial consortium |
Stephen Besen, Sidharth Bhasin, Larry Crouch, Caroline Leeds Ruby, Richard Hsu (Partners) Tiffany Hill, Kelly Karapetyan, Sebastian Krujatz, Igor Stermsek, Korey Fevzi , Nell Beekman, Zheng Bao (Associates) Shan Wu (Special associate) Eileen O'Pray, Dan Stellenberg, Mathias Stocker (Counsel) |
Simmons & Simmons |
Videocon Mauritius Energy’s sale of its 100 percent stake in Videocon Mozambique Rovuma 1 to ONGC Videsh and Oil India |
$2.52 billion |
ONGC Videsh Ltd |
|
Jurisdiction – Indonesia
Firm |
Deal |
Value |
Client |
Lawyer(s) involved |
Allen & Overy |
PT Perusahaan Listrik Negara’s financing of its MW184 Arun and MW155 Bangkanai gas- fired power plants |
160 million euros ($218.2 million) |
Lenders: 1.Standard Chartered Bank 2.Finnvera |
|
Clifford Chance |
Medco Intidinamika’s divestment of 33 percent stake in PT Bank Himpunan Saudara 1906 to PT Bank Woori Indonesia and Woori Bank |
Undisclosed |
1.Arifin Panigoro 2.Medco Intidinamika |
Melissa Ng, Simon Clinton (Partners) Chua Si Wei (Associate) |
Norton Rose Fulbright |
PT Perusahaan Listrik Negara’s financing of its MW184 Arun and MW155 Bangkanai gas- fired power plants |
160 million euros ($218.2 million) |
PT Perusahaan Listrik Negara |
Jeff Smith, Nick Merritt (Partners) Pooja Balani (Senior associate) |
Jurisdiction – Philippines
Firm |
Deal |
Value |
Client |
Lawyer(s) involved |
Milbank, Tweed, Hadley & McCloy |
Bank of the Philippine Islands’ rights offer |
$555 million |
Joint bookrunners and underwriters: 1.J.P. Morgan 2.Goldman Sachs |
James Grandolfo (Partner) Kurt Sherwood (Senior associate) Zizhen Chen (Associate) |
Milbank, Tweed, Hadley & McCloy |
Philippine National Bank’s rights offer |
$265 million |
Philippine National Bank |
James Grandolfo (Partner) Kurt Sherwood (Senior associate) Zizhen Chen (Associate) Paul Pery (Special counsel) |
Paul Hastings |
Bank of the Philippine Islands’ rights offer |
$555 million |
Bank of Philippine Islands |
Patricia Tan Openshaw, Steven Winegar (Partners) Jordan Baggs (Associate) |
Jurisdiction – Singapore
Firm |
Deal |
Value |
Client |
Lawyer(s) involved |
Allen & Gledhill |
Puma International Financing’s issue of 6.75 percent senior notes due 2021 |
$750 million |
1.Puma International Financing S.A. 2.Puma Energy Holdings Pte Ltd 3.Puma Energy Group Pte Ltd 4.Puma Corp S.à.r.l. |
Bernie Lee, Tham Hsu Hsien, Sunit Chhabra (Partners) |
Allen & Gledhill |
Standard Chartered’s issue of callable fixed-to-fixed rate subordinated notes due 2026 |
S$700 million ($553.3 million) |
Standard Chartered PLC |
Bernie Lee, Sunit Chhabra (Partners) |
Allen & Overy |
PT Perusahaan Listrik Negara’s financing of its MW184 Arun and MW155 Bangkanai gas- fired power plants |
160 million euros ($218.2 million) |
Lenders: 1.Standard Chartered Bank 2.Finnvera |
|
ATMD Bird & Bird |
Servelec Group’s IPO on LSE |
122 million pounds ($202.7 million) |
Investec Bank plc |
Richard Eaton, Marcus Chow (Partners) |
Clifford Chance |
Medco Intidinamika’s divestment of 33 percent stake in PT Bank Himpunan Saudara 1906 to PT Bank Woori Indonesia and Woori Bank |
Undisclosed |
1.Arifin Panigoro 2.Medco Intidinamika |
Melissa Ng, Simon Clinton (Partners) Chua Si Wei (Associate) |
Walker Morris |
Servelec Group’s IPO on LSE |
122 million pounds ($202.7 million) |
Servelec Group plc |
Paul Emmett, Richard Naish (Partners) |
Where exact value is not known, ALB will use an approximate value based on available market data or coverage.
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