Skip to main content
news
REUTERS/Danish Siddiqui

AZB & Partners has advised India's Yes Bank on its agreement to sell a 10 percent stake to U.S. private equity firms Carlyle Group and Advent International for $1.1 billion.

According to Reuters, Yes Bank had said earlier it would seek to raise about $1 billion in this financial year as it exits a reconstruction plan after two years.

The AZB was led by co-founding managing partner Zia Mody and Mumbai partners Vaidhyanadhan Iyer and Gautam Ganjawala.

TO CONTACT EDITORIAL TEAM, PLEASE EMAIL ALBEDITOR@THOMSONREUTERS.COM

Related Articles

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.