SAM & Co. advises Tau Investment & J. B. Chemicals in Securing Conditional CCI Nod for the Torrent-JB Chemicals Deal
Approval covers the proposed stake purchase and subsequent amalgamation of JB Chemicals with Torrent.
M&A
CAM advises Sammaan Capital Ltd. on the Proposed Acquisition of Controlling Stake by IHC
Cyril Amarchand Mangaldas advised Sammaan Capital on the proposed investment of USD 1 billion by an affiliate of International Holding Company P.J.S.C. (IHC), a global investment company, for acquisition of 43.46% stake and control of the Company.
CAM advises True North in relation to the sale of majority stake in Shree Digvijay Cement Company
The SPA contemplates a sale of up to 50.1% of the shareholding held by True North in the Company, and will result in India Resurgence Fund acquiring control of the Company, and consequently, triggering a mandatory open offer under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
CAM advises Advent on Indian legal aspects of its global acquisition of Sapiens International
Advent has entered into agreements to acquire a majority shareholding in Sapiens International, a global leader in intelligent SaaS-based software solutions for the insurance industry.
Cyril Amarchand Mangaldas advises JSW Steel in relation to acquisition of entire shareholding of Saffron Resources
CAM acted as legal counsel to JSW Steel Limited (“Client”) in relation to the acquisition of entire shareholding of Saffron Resources Private Limited. Saffron holds lands admeasuring about 887 acres in Dhenkanal District, Odisha.
Shardul Amarchand Mangaldas advises Trip.com Group on USD 3 Billion Share Repurchase Agreement with MakeMyTrip
The value of this deal was approximately USD 3 billion as consideration for the repurchase of a portion of its Class B ordinary shares held by Trip.com.
CAM advises Arkade Developers on 100% acquisition of Filmistan Private Limited
CAM advised and assisted Arkade Developers Limited, a listed company, in the acquisition of 100% of the share capital (on a fully diluted basis) of Filmistan Private Limited.
SAM advises REA Group on 100 % stake divestment in PropTiger by way of a Share Swap
Shardul Amarchand Mangaldas & Co. acted as legal counsel to the REA Group in relation to its strategic divestment of 100% stake held in PropTiger Marketing Services Private Limited to Aurum PropTech Limited , an Indian listed entity.
CAM represents Adani Enterprises Ltd. and Adani Commodities Ltd. on stake sale in AWL Agri Business Ltd.
CAM is representing Adani Enterprises Limited and Adani Commodities Limited on ACL’s sale of up to 20% of its shareholding, in AWL Agri Business Limited to Lence Pte. Ltd. a wholly owned subsidiary of Wilmar International Limited.
CAM advises JSW Energy on financing India’s largest thermal power acquisition under IBC
Cyril Amarchand Mangaldas acted as legal counsel to JSW Energy Limited (as successful bidder) for availing credit facility of INR 12,475 Crore from State Bank of India for implementation of resolution plan.