deal st monthly (february 2013)

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Deal Street Monthly (February 2013)

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Page 1: Deal St Monthly (February  2013)

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Page 2: Deal St Monthly (February  2013)

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)

Page 3: Deal St Monthly (February  2013)

Deal Street: February 2013

©Bar & Bench

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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

Page 4: Deal St Monthly (February  2013)

Deal Street: February 2013

©Bar & Bench

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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

Page 5: Deal St Monthly (February  2013)

Deal Street: February 2013

©Bar & Bench

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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

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Page 6: Deal St Monthly (February  2013)

Deal Street: February 2013

©Bar & Bench

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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]. !