Private Equity

PE Fund Investments

AZB & Partners tops League Table for Legal Advisors to M&A deals for H1'22

 

AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions by value and volume for H1 2022. AZB advised 49 M&A deals worth $24.46 Billion. It was followed by Cyril Amarchand Mangaldas (CAM) ($22.42 Billion across 43 deals) and Shardul Amarchand Mangaldas (SAM) ($5.8 Billion across 16 deals) in the second and third spots respectively. Khaitan & Co. ($5 Billion across 40 deals) took the fourth spot, with Trilegal ($3.6 Billion across 31 deals) completing the top five. The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the larger M&A deals during H1 2022, AZB and CAM advised Adani Group's $10.5 Billion acquisition of Switzerland-based Holcim's entire stake in the latter's two Indian cement companies (Ambuja Cements Ltd and ACC Ltd). The duo also advised the $2 Billion funding received by three Adani Group firms from Abu Dhabi-based IHC. AZB, CAM and J Sagar Associates advised the $1.76 Billion acquisition of Viacom 18 Media by Bodhi Tree Systems.