Squire Patton Boggs and Crawford Bayley & Co have represented India on the $762 million sale of its stake in Tata Communications (TCL), which was advised by Cyril Amarchand Mangaldas. Khaitan & Co counselled the brokers.
Cyril Amarchand Mangaldas has advised India’s Adani Ports and Special Economic Zone on its $497 million acquisition of a controlling stake in Gangavaram Ports (GPL), which was counselled by Khaitan & Co.
Skadden, Arps, Slate, Meagher & Flom and Han Kun Law Offices have advised China’s Autohome on its $685 million Hong Kong Stock Exchange (HKEx) secondary listing, with Simpson Thacher & Bartlett and Commerce & Finance Law Offices counselling the joint sponsors and underwriters.
AZB & Partners has advised Indian telecom operator Bharti Airtel on the acquisition of a 20 percent stake in its direct-to-home (DTH) television arm for $430 million from Lion Meadow Investment, an affiliate of U.S. private equity company Warburg Pincus.
Skadden, Arps, Slate, Meagher & Flom and Han Kun Law Offices have advised Chinese health-tech company Yidu Tech on its HK$4.1 billion ($531 million) initial public offering on the Hong Kong Stock Exchange, with Slaughter and May and Haiwen & Partners representing the joint sponsors and underwriters.
Hiswara Bunjamin & Tandjung, Herbert Smith Freehills’ Indonesian associate firm, has advised Indonesian power company PT Dian Swastatika Sentosa (DSS) on the $394 million sale of a 75 percent stake in three thermal power plants to China Datan, a Chinese state-owned energy conglomerate.
Latham & Watkins has advised Singapore sovereign wealth fund GIC on its proposed 20 billion Philippine peso ($420 million) acquisition of a stake in AC Energy Philippines.