Deal News
Saraf And Partners Acts For Viatris In Its Sale Of Biosimilars Business To Biocon Biologics For US$ 3.335 Billion
Global healthcare company - Viatris (formerly, Mylan) has, on November 29, completed the sale of its global biosimilars business to Biocon Biologics Limited ("Biocon Biologics"), subsidiary of Biocon Limited for USD 3.335 billion for stock and cash consideration. The cash consideration for the deal is up to US$ 2.335 billion and whereas the remaining consideration is through shares in Biocon Biologics worth US$ 1 billion.This deal is the largest M&A deal in India in biosimilars business and...
SL Partners Represents Ratnamani Metal And Tubes In Acquisition Of Majority Stake In Ravi Technoforge Private Limited
Ratnamani Metals and Tubes Limited, a listed company on the BSE and NSE, has acquired majority stake in Ravi Technoforge Private Limited, a company engaged in the business of manufacturing and sales of the various types of high precision hot forged and machined bearing rings, races and gear blanks which are used by bearings manufactures for further applications in automobiles and various industrial segments. This is a strategic investment by Ratnamani Metal and Tubes Limited. SL ...
Saraf And Partners Advised Anant Investments (The Carlyle Group) On The Initial Public Offering Of Equity Shares By Global Health Limited (Medanta)
Saraf and Partners advised Anant Investments, an affiliate of The Carlyle Group on the Initial Public Offering ("IPO") of Global Health Limited (Medanta) in its capacity as a selling shareholder in the IPO.The IPO comprised a fresh issue of equity shares of Rs. 500 crore and an offer for sale of Rs. 1,705 crore, aggregating to an issue size of Rs. 2,205 crore, making it the largest ever in the hospital sector in India.The IPO was oversubscribed 9.58 times and the equity shares were listed on...
Kochhar & Co. Continues Its Expansion With A Team Hire In Mumbai, Forms A Formidable Banking & Finance Practice Team For Servicing Clients Across India And In The Middle East
Kochhar & Co. in a major boost to its BFSI practice has hired Sharmil Bhushan as a Partner along with her team in Mumbai. Sharmil specialises in banking & finance, debt restructuring and insolvency, mergers & acquisitions, private equity and investment funds.With her extensive experience of over 16 years, Sharmil has been at the forefront of advising Indian and multinational banks, NBFCs, financial institutions and corporates across sectors on various aspects of Indian law....
Amicus Acted As Legal Counsel To SWAMIH Investment Fund
Amicus Advocated and Solicitors has advised SWAMIH Investment Fund, acting through its Find Manager, SBICAP Ventures Limited, in respect of its debt investment in Eco Green Buildtech Private Limited. Visit: www.amicusservices.in Mail: info@amicusservices.in
S.K.Singhi & Partners Declared "Most Disruptive Law Firm of the Year - 2022".
M/s S.K.Singhi & Partners has been declared as "Most Disruptive Law Firm of the Year - 2022".The award was presented by Mr. Philip Chua, Group Senior Technology Counsel - AIA at a glittering ceremony at Singapore conferred by Lex Falcon Global Awards.Mr. Singhi dedicated the Award to the hard work done by the Team across its offices and expressed gratitude & credit for this prestigious recognition to his Team & Family.
Link Legal Advised Howen International Fund SPC In Its Pre-Series A Investment In Sundaravijayam Automobiles Services Private Limited (Readyassist)
Link Legal represented and advised Howen International Fund SPC, a Cayman Island fund, in its pre-series A investment in Sundaravijayam Automobiles Services Private Limited ("ReadyAssist"). The ticket size of the entire deal is USD 5 Million.ReadyAssist is engaged in the business of providing technology-enabled 24/7 roadside assistance, emergency service, vehicle maintenance and other related activities including technical trainings, with a strong thrust into the electric vehicles space.Link...
Delhi High Court Restrains Palki Sharma From Divulging Zee Media's Confidential Information To Third Party
The High Court of Delhi in a suit filed by Zee Media Corporation Limited against Palki Sharma Upadhyay, the Journalist, Anchor and former Managing Editor of WION, has restrained Palki Sharma Upadhyay from divulging any confidential and proprietary information belonging to Zee Media Corporation Limited to any third party or to the benefit of any third party.Justice Anup Jairam Bhambhani however refused to restrain the journalist from joining or continuing employment with Network 18 news...
Luthra And Luthra Acts For Crystal Crop On Its USD 37 Million Investment By IFC
Luthra and Luthra Law Offices India assisted Crystal Crop Protection Limited in relation to raising of private equity investment of INR. 300 crores (USD 37 million approx.) from International Finance Corporation (IFC) and Emerging Asia Fund (EAF).The team comprised of Partners, Avirup Nag and Sabrina Afroze and Associate, Kashish Singhal who assisted Crystal Crop in finalising the investment agreements and closing of the transaction.
Delhi High Court Stays The Blacklisting Of DBL
Alleging registration of an FIR against Dilip Buildcon Limited ( DBL), NHAI issued a Show Cause Notice. Finally, the Ministry of Road Transport & Highways debarred DBL for 4 months, alleging a breach of the Integrity Pact by DBL. Challenging the said order of debarment, DBL approached the Delhi High Court by filing a Writ Petition. The order of debarment was based on the registration of an FIR against DBL by CBI. Notably, the competent authority which passed the order never allowed a hearing...
Luthra And Luthra Advised Amicus Towards Rivaara Labs First Round Of Equity Capital
The Firm acted as legal counsel to Amicus Capital, which was the lead investor in Rivaara's first institutional round of funding. Rivaara Labs is one of the leading testing services and research and development-focused molecular diagnostics companies.The transaction team comprised of Deepak THM (Partner), Aishini Mandal (Associate) and Ayush Gattani (Associate).The due diligence team comprised of Deepak THM (Partner), Aishini Mandal (Associate), Abhilash Agrawal (Associate) and Srijan Srivastava...
Sanjeev Sachdeva Rejoins Luthra And Luthra' S Senior Leadership Team As A Mentor & Partner
Luthra and Luthra Law Offices India welcomes back Sanjeev Sachdeva as a Mentor & Partner in the Firm's Senior Leadership.Sanjeev will also be reassuming his role as a Taxation Partner. Sanjeev has been associated with Luthra Family since 2008 and played a pivotal role in setting the indirect tax practice. With over four decades of experience, Sanjeev will be mentoring the taxation team and be a part of the Senior Leadership team.Sanjeev has represented a multitude of international and...