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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

Haigreve Khaitan,
Aakash Choubey,
Avaantika Kakkar,
Bijal Ajinkya
(Partners)


Ashish Razdan,
Adheesh Nargolkar
(Associate partners)


Daksha Baxi,
Dinesh Agrawal
(Executive directors)

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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