Upload
barandbench
View
975
Download
3
Embed Size (px)
DESCRIPTION
Deal Street Monthly (February 2013)
Citation preview
!
Deal Street: February 2013
©Bar & Bench
1
!S.No Deal Details Law Firms Involved Deal Size
1 Network International acquires stake in
TimesofMoney AZB & Partners Confidential
2 Coromandel International acquires 82% stake
in Liberty Phosphate AZB & Partners Rs. 286 crore ($53 million)
3 Adcock Ingram buys substantial assets of
Cosme Farma Laboratories Amarchand Mangaldas Rs. 510 crore ($105
million) Desai Diwanji
4 ICICI Bank raises funds from a seven-year bond sale programme through its Dubai
branch at a coupon rate of 3.65%.
Amarchand Mangaldas Rs. 988 crore (SGD
225 million) Al Tamimi & Company Latham & Watkins LLP
5 ICICI Bank raises funds via a 7-year bond sale
at a coupon rate of 2.75%
Amarchand Mangaldas Rs. 579 crore (CHF
100 million) Al Tamimi & Company Homburger AG
6 Blackstone invests in seaplane operators, Maldviian Air Taxi and Trans Maldivian
Airways
Allen & Overy
Confidential
Amarchand Mangaldas Barristers & Attorneys
Conyers Dill & Pearman Freshfields Linklaters
Premier Chambers Shah Hussain & Co.
Walkers
7
Sumitomo Rubber Industries acquires 60% stake in Falken Tyre India
AZB & Partners Rs. 55 crore ($10 million)
Deal Street: February 2013
©Bar & Bench
2
8
Government of India sells 10 per cent stake in Oil India through OFS
ALMT Legal
Rs 3,141.39 crore ($591 million)
Amarchand Mangaldas Cleary Gottlieb Steen & Hamilton
LLP Morrison Cohen
9 Turkish company Trakya Cam Sanayii AS -
Hindusthan National Glass and Industries JV
Amarchand Mangaldas Confidential Erdem & Erdem Law Offices
Khaitan & Co
10 JSW Steel merges JSW Ispat Steel with itself to
create the second largest domestic steel producer.
Amarchand Mangaldas Confidential
11 PepsiCo franchisee Pearl Drinks sells its Delhi
business to Varun Beverages HSA Advocates Confidential
J. Sagar Associates
12 SBI led consortium funds Continuum Wind
Energy project Amicus, Advocates & Solicitors Rs. 900 crore ($167
million) Desai Diwanji
13 Glaxo Smith Kline -Biological E (BE) 50:50 joint venture
Amarchand Mangaldas Confidential AZB & Partners
14 Thomas Cook (India) acquires 74 per cent stake in IKYA Human Capital Solutions
Amarchand Mangaldas Rs. 256 crore ($47 million) AZB & Partners
15
Creador acquires 9.9 per cent stake in Repco Home Finance
HSB Partners Rs. 72.4 crore ($13.7 million) J. Sagar Associates
16 Government of India sells 9.5 per cent stake
in NTPC through OF
Amarchand Mangaldas
Rs. 11,469 crore ($2.08 billion)
Cleary Gottlieb Steen & Hamilton LLP
Herbert Smith FreeHill Khaitan & Co
Deal Street: February 2013
©Bar & Bench
3
17 Cerebra Integreated Technologies acquires
Enviro-Hub Holdings Dacheng Wong Alliance Rs. 110 crore ($20
million) Shook Lin & Bok
18 Genpact acquires Felix Software AZB & Partners Confidential US Counsel Cyrus Kashef
19 Kaizen Private Equity and Bertelsmann invest
in Educomp’s subsidiary, AuthorGen Technologies
Amarchand Mangaldas
Rs.22 crore ($4 million)
Dua Associates IndusLaw
20 TBWA acquires Magnon Group AZB & Partners Confidential Khaitan & Co
21 Silver Lake and founder of Dell, Michael Dell
acquires Dell Inc. AZB & Partners Rs. 13,367 crore ($24.4 billion)
22 Airgate Holdings acquires 28.3 per cent stake in Asian Business Exhibition and Conferences
AZB & Partners Rs. 122 crore ($ 22 million) Khaitan & Co
23 Bessemer Venture Partners acquires 33.33% stake in Anunta Technology Management Khaitan & Co Rs. 17 crore ($3
million)
24 Unilazer Ventures and existing investor IDG
Ventures acquires stake in Valyoo Technologies
AZB & Partners Rs. 53 crore ($10 million)
25 Kayaba Industry acquires 50 per cent stake in
Conmat Systems Khaitan & Co Rs. 57 crore ($10.5
million) Rajani Associates
26 Burrill & Company invests in Strand Life
Sciences
AZB & Partners Confidential
Majmudar & Partners
Trilegal
Deal Street: February 2013
©Bar & Bench
4
27 Rural Electrification Corporation extends loan
to NTPC and Bihar State Electricity Board AZB & Partners Rs. 8,775 crore ($1.6 billion)
28 Reliance Industries raises funds through
issuance of 5.875 per cent Senior Perpetual Notes
Fox Mandal Rs. 4,300 crore ($800 million) J.Sagar Associates
29 Macquarie SBI Infrastructure fund acquires 74 per cent stake in GMR Jadcherla Expressways
AZB & Partners Rs. 206 crore ($38 million) Link Legal
30
ICICI Venture invests in Vijay Nirman
Narasappa, Doraswamy & Raja Rs. 87 crore ($16.14 million)
Axon Partners Luthra & Luthra
Skadden Arps
32 Infosys trading on NYSE Euronext’s London and Paris Markets
AZB & Partners N/A
33 Temperamental Chef Private Limited
agreement with Grab A Thought Hospitality KS Partners Confidential
34 Bank of India led consortium extends loan
facility to NLC – Tamil Nadu Power Project. HSB Partners Rs. 937 crore ($173 million)
35
IvyCap Ventures invests in Thomson Reuters subsidiary, Reuters Market Light
K Law
Confidential
Trilegal DSK Legal
Herbert Smith FreeHills Platinum Partners
Skadden Arps Slaughter and May
!
Deal Street: February 2013
©Bar & Bench
5
!
In continuation of our goal of keeping you connected to the Indian legal market, Bar & Bench brings you Deal Street Monthly, a compilation of deals involving Indian law firms. This may not be the exhaustive list of deals in February 2013, but only a compilation of deal information received by Bar & Bench. Law firms interested in having their deals reported may contact [email protected]. !