|
Cyril Amarchand Mangaldas has advised U.S. private-equity firm Carlyle Group on its purchase of a 9 percent stake in India’s SBI Life Insurance Ltd from France’s largest-listed bank BNP Paribas, which was counselled by AZB & Partners.
|
Squire Patton Boggs has served as international legal counsel for SBI Life Insurance – a joint venture between State Bank of India (SBI) and BNP Paribas Cardif – on its proposed initial public offering, which bankers estimate could raise more than $1 billion.