Khaitan & Co advised a consortium comprising the Aditya Birla Group, the Times of India Group, Bolt Ventures and Blackstone on the acquisition of Royal Challengers Sport Private Limited from United Spirits Limited, for ~USD 1.8 billion.
The transaction involves acquisition of both franchise teams – Indian Premier League and Women’s Premier League.
The core team consisted of Shishir Vayttaden (Partner), Aashutosh Sampat (Partner), Kartikeya Prakash (Partner), Rohan Shrivastava (Partner), Surbhi Ajitsaria (Principal Associate), Saloni Mehta Bhandawat (Principal Associate), Deepali Menghwani (Principal Associate), Harishankar Raghunath (Associate), Pragyansh Nigam (Associate), Tawishi Beria (Associate), Samkit Jain (Associate), Jahnavi Yalavarthi (Associate), Pavitra Khaitan (Associate), Aman Nayar (Associate), Shrey Chhabra (Associate) and Ravi Shankar (Associate) and with assistance from the following:
Intellectual property related aspects: Nirupam Lodha (Partner), Malika Nandkeolyar (Senior Associate), Rebecca Cardoso (Associate) and Swadheena Joardar (Associate);
Corporate Diligence and Execution Support: Bimbita Kateel (Senior Associate), Amogh Pareek (Associate), Jay Shah (Associate), Modit Mendiratta (Associate), Radhika Naik (Associate) and Ambreen Rahman (Associate);
Litigation related analysis and advice: Manavendra Mishra (Partner) and Parimal Kaushik (Associate);
Labour law aspects: Vinay Joy (Partner), Srishti Ramakrishnan (Counsel) and Aditya J Nair (Senior Associate);
Data Privacy: Supratim Chakraborty (Partner) and Shramana Dwibedi (Senior Associate);
Antitrust: Anisha Chand (Partner) and Armaan Gupta (Senior Associate).
The Firm advised and assisted the Clients on structuring, finalization of transaction documents and diligence
