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Jurisdiction – India

Firm

Deal

Value

Client

Lawyer(s) involved

AZB & Partners

ASL Aviation group’s acquisition of the Farnair Group, including its Indian subsidiary Quikjet Cargo Airlines

Confidential

ASL Aviation Group

Nandish Vyas

(Partner)

 

Shwetank Ginodia

(Associate)

AZB & Partners

Canada Pension Plan Investment Board’s  acquisition of compulsorily convertible preference shares issued by L&T Infrastructure Development Projects

Rs. 20 billion

($316 million)

L&T Infrastructure Development Projects Ltd

Sai Krishna Bharathan, Nilanjana Singh

(Partners)

AZB & Partners

Indglobal Network’s sale of 50 percent of Dachser India’s equity shares to Dachser Beteiligungs-AG

Rs. 1.22 billion

(~$20.3 million)

Indglobal Network Pvt Ltd

Abhijit Joshi

(Partner)

 

Anand Shah

(Senior associate)

AZB & Partners

UFO Moviez India’s IPO

Rs. 7.5 billion

($118.5 million)

UFO Moviez India Ltd

Varoon Chandra

(Partner)

 

Lionel D’Almeida, Richa Choudhary

(Senior associates)

AZB & Partners

VRL Logistics’ IPO

$22.52 million

1.VRL Logistics Ltd

2.HSBC Securities and Capital Markets (India) Pvt Ltd

3.ICICI Securities Ltd

Varoon Chandra

(Partner)

 

Lionel D’Almeida, Richa Choudhary

(Senior associates)

BMR Advisors

Scheme Residential Opportunities Fund – I’s investment in a Virgo Realtors Chennai project

Rs. 20 crores

($3.2 million)

Jones Lang Lasalle Investment Advisors Pvt Ltd

 

Economic Laws Practice

Canara Bank’s extension of rupee term loan facility to Krishna Showbiz Services

Rs. 100 crores

($15.8 million)

Canara Bank

Sujjain Talwar,

Jeet Sen Gupta (Partners)

 

Deep Roy (Associate partner)

 

Nitin Gupta,

Okram Singha (Associate managers)

Economic Laws Practice

FIL Capital Investments (Mauritius) II’s, Somerset Indus Healthcare Fund I’s and Lotus Management Solutions’ investment in Cygnus Medicare

Rs. 50 crores

($7.9 million)

1.FIL Capital Investments (Mauritius) II Ltd

2.Somerset Indus Healthcare Fund I Ltd

3.Lotus Management Solutions

Sujjain Talwar (Partner)

 

Vinayak Burman (Associate partner)

 

Archana Khosla (Senior associate)

 

Amoolya Narayan (Associate)

Economic Laws Practice

IIRF India Realty XXII’s, IL&FS Trust Company’s and Precilion Holdings’ exit from Wadhwa Residency through sale of their stakes in it

Rs. 2,150 million

($34 million)

Wadhwa Residency Pvt Ltd

Rohit Jain

Darshan Upadhyay

Bhavin Gada

Vidushi Maheshwari

Manendra Singh

Economic Laws Practice

Milestone Real Estate Fund’s investment in Domus Greens

Rs. 500 million

($7.9 million)

Milestone Real Estate Fund

Suhail Nathani,

Darshan Upadhyay (Partners)

 

Bhavin Gada (Senior associate)

 

Manendra Singh (Associate)

Economic Laws Practice

Piramal Enterprises’ investment in Acme Housing India

Rs. 950 million

($15 million)

1.Piramal Enterprises Ltd

2.Piramal Fund Management Private Ltd

Suhail Nathani,

Darshan Upadhyay (Partners)

 

Bhavin Gada (Senior associate)

 

Manendra Singh (Associate)

J. Sagar Associates

Carnival Films’ acquisition of 100 percent equity stake of Big Cinemas from Reliance MediaWorks

Rs. 700 crores

($110.6 million)

Reliance MediaWorks

Akshay Chudasama,

Jay Gandhi,

Gaurav Singhi

(Partners)

 

Neety Thakkar,

Soumya Shankar,

Meghna Nachappa

(Associates)

J. Sagar Associates

Scheme Residential Opportunities Fund – I’s investment in a Virgo Realtors Chennai project

Rs. 20 crores

($3.2 million)

Scheme Residential Opportunities Fund – I

Vivek Chandy, Vinod Kumar, Aarthi Sivanandh, Raj Ramachandran

(Partners)

 

Asok Chacko Thomas,

Tamara Devanandan

(Senior associates)

 

Lalu John Philip,

Srinivasan M.D.

(Associates)

J. Sagar Associates

Symphony Teleca India Corp’s acquisition of significant shareholding in Aditi Technologies

Undisclosed

Symphony Teleca India Corp Pvt Ltd

Vivek Chandy,

Raj Ramachandran, Malini Raju

(Partners)

 

Shefali Rajput,

K. Z. Kuriyan,

Lalu John Philip

(Associates)

Majmudar & Partners

Carnival Films’ acquisition of 100 percent equity stake of Big Cinemas from Reliance MediaWorks

Rs. 700 crores

($110.6 million)

Carnival Films Pvt Ltd

Rukshad Davar (Partner)

Majmudar & Partners

Midmark Corp’s acquisition of Janak Healthcare

Undisclosed

Midmark Corp

Akil Hirani

(Managing partner)

Nishith Desai Associates

Symphony Teleca India Corp’s acquisition of significant shareholding in Aditi Technologies

Undisclosed

Aditi Technologies Pvt Ltd

 

Orrick, Herrington & Sutcliffe

Symphony Teleca India Corp’s acquisition of significant shareholding in Aditi Technologies

Undisclosed

Symphony Teleca India Corp Pvt Ltd

 

 

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Jurisdiction – Indonesia

Firm

Deal

Value

Client

Lawyer(s) involved

Addleshaw Goddard

Rolls-Royce’s global sale of its energy gas turbine and compressor business to Siemens

$1.2 billion

Rolls-Royce

 

SSEK Indonesian Legal Consultants

Rolls-Royce’s global sale of its energy gas turbine and compressor business to Siemens

$1.2 billion

Rolls-Royce

Ira Eddymurthy

(Partner)

 

Bambang Dhanisworo,

Esther Panggabean

(Associates)

SSEK Indonesian Legal Consultants

Thai Containers Group’s acquisition of PT Indoris Printingdo

$6.1 million

Thai Containers Group Co Ltd

Fahrul Yusuf

(Partner)

 

Deni Sri Anjayani

(Senior associate)

 

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Jurisdiction – Malaysia

Firm

Deal

Value

Client

Lawyer(s) involved

Hogan Lovells

Nirvana Asia’s Rule 144A placement of shares and Hong Kong IPO

$261 million

Underwriters:

1.UBS AG (Hong Kong branch)

2.DBS Asia Capital Ltd

3.CIMB Securities Ltd

Jamie Barr,

Thomas Tarala

(Partners)

 

Nelson Tang

(Consultant)

 

Sheryl Cheung

(Senior associate)

 

Jianhao Zheng

(Associate)

 

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Jurisdiction – Philippines

Firm

Deal

Value

Client

Lawyer(s) involved

Clifford Chance

Hexagon Investments’ sale of a partial stake in Rizal Commercial Banking Corp to Cathay Life Insurance

PHP7.618 billion

(~$171 million)

Hexagon Investments B.V.

Neeraj Budhwani

(Partner)

 

Bryan Koo

(Senior associate)

 

Maureen Ho

(Associate)

 

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Jurisdiction – Singapore

Firm

Deal

Value

Client

Lawyer(s) involved

*Allen & Gledhill,  Ali Budiardjo, Nugroho, Reksodiputro and Rahmat Lim & Partners[1]

UTAC Holdings’ acquisition of three subsidiaries of Panasonic Corp operating semiconductor testing and assembly facilities in Singapore, Indonesia and Malaysia

$116.5 million

UTAC Holdings Ltd

A&G Singapore team:

Richard Young, Lauren Chung, Kelvin Wong,

Tham Kok Leong

(Partners)

 

ABNR Indonesia team:

Emir Nurmansyah

(Partner)

 

Oene Marseille

(Foreign Counsel)

 

Rahmat Lim Malaysia team:

Moy Pui Yee

(Partner)

Allen & Gledhill

OUE Hospitality Real Estate Investment Trust’s acquisition of Crowne Plaza Changi Airport and Crowne Plaza Changi Airport Extension through RBC Investor Services Trust Singapore

S$495 million

($374.6 million)

OUE Hospitality REIT Management Pte Ltd

Ho Kin San,

Serena Choo

(Partners)

Allen & Gledhill

Sabana Shari’ah Compliant Industrial Real Estate Investment Trust’s issue of commodity murabaha facilities

S$243 million

($183.9 million)

Sabana Real Estate Investment Management Pte Ltd

Long Pee Hua,

Jerry Koh

(Partners)

Allen & Gledhill

The Bank of Tokyo-Mitsubishi UFJ, Citibank, DBS Bank, Mizuho Bank and Oversea-Chinese Banking Corp’s term loan grant to Singapore LNG Corp

S$1.11 billion

($840 million)

Singapore LNG Corp Pte Ltd

Kok Chee Wai

(Partner)

Allen & Gledhill

UOL Treasury Services’

establishment of its multicurrency

MTN programme

S$1 billion

($799.8 million)

Arranger:

United Overseas

Bank Ltd

 

Allen & Gledhill

UOL Treasury Services’

establishment of its multicurrency

MTN programme

S$1 billion

($799.8 million)

Trustee:

DB International

Trust (Singapore) Ltd

 

Issuing and Paying

Agent:

Deutsche Bank AG

 

Simpson Thacher & Bartlett

Tactical Opportunities Fund’s investment, alongside investments from CIMB Bank (Labuan Offshore branch) and City Developments (CDL) in a platform that will invest in the cashflows of CDL’s properties in Sentosa Cove, Singapore called the Quayside Collection

S$367 million

($277.7 million)

Tactical Opportunities Fund

Anthony King

(Partner)

WongPartnership

Keppel DC REIT’s IPO on the SGX

S$512.9 million

(~$390.64

million)

Joint bookrunners and underwriters:

1.DBS Bank Ltd 2.Standard Chartered

Securities (Singapore) Pte Ltd

3.Credit

Suisse (Singapore) Ltd

4.Deutsche Bank AG (SG branch)

5.Goldman Sachs

(Singapore) Pte Ltd

Rachel Eng

(Joint managing

partner)

 

Colin Ong,

Tan Teck Howe

(Partners)

WongPartnership

UOL Treasury Services’

establishment of its multicurrency

MTN programme

S$1 billion

($799.8 million)

UOL Treasury Services

Goh Gin Nee

(Partner)

 

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Jurisdiction – Thailand

Firm

Deal

Value

Client

Lawyer(s) involved

Allen & Overy

Thai Union Frozen Products’ acquisition of Bumble Bee Seafoods

$1.51 billion

Thai Union Frozen Products Public Company Ltd

Eric Shube,

Ian Powell

Suparerk Auychai

(Partners)

 

Nick Marchica

(Senior associate)

 

Natalie Montano

(Associate)

 

Fiona Cumming

(Consultant)

Sullivan & Cromwell

Thai Union Frozen Products’ acquisition of Bumble Bee Seafoods

$1.51 billion

Lion Capital

Krishna Veeraraghavan

(NY Partner)

 


[1] * denotes that the three firms, Allen & Gledhill,  Ali Budiardjo Nugroho Reksodiputro and Rahmat Lim & Partners, jointly advised UTAC Holdings on the deal.

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