M&A
NA
FY11
Divestment by BMI of 51% shareholding of Calvin Klein franchise in India to Warnaco Inc.
Unique franchisee business divestiture
Divestment by BMI of 51% shareholding of Calvin Klein franchise in India to Warnaco Inc.
Unique franchisee business divestiture
M&A
INR 6 bn
FY11
Sale of Switchgear business to Legrand, France
Legrand acquired the switchgear business of Indo-Asian Fusegear. The two businesses are complementary with Indo Asian Switchgear being a major retail player for protection devices (MCCB, RCCB, distribution boards, etc.) while Legrand holds strong positions in both high value-added protection systems mostly used in project business and in premium wiring devices
Sale of Switchgear business to Legrand, France
Legrand acquired the switchgear business of Indo-Asian Fusegear. The two businesses are complementary with Indo Asian Switchgear being a major retail player for protection devices (MCCB, RCCB, distribution boards, etc.) while Legrand holds strong positions in both high value-added protection systems mostly used in project business and in premium wiring devices
M&A
INR 8.3 bn
FY11
Divestment of c.18 acre real estate asset located in Mumbai by Borosil Glass Works to Sheth Group
Borosil divested its c. 18 acre non-core real estate asset located in Andheri (E) in Mumbai to Sheth Group, thereby helping unlock shareholder value
Divestment of c.18 acre real estate asset located in Mumbai by Borosil Glass Works to Sheth Group
Borosil divested its c. 18 acre non-core real estate asset located in Andheri (E) in Mumbai to Sheth Group, thereby helping unlock shareholder value
M&A
INR 9.4 bn
FY11
Reliance Capital’s investment in UTV news
Ambit advised UTV on the sale of equity stake to Reliance Capital Ltd in Bloomberg-UTV. Bloomberg UTV, business news channel, was a strategic partnership between Bloomberg LP, a global leader in business information, and UTV
Reliance Capital’s investment in UTV news
Ambit advised UTV on the sale of equity stake to Reliance Capital Ltd in Bloomberg-UTV. Bloomberg UTV, business news channel, was a strategic partnership between Bloomberg LP, a global leader in business information, and UTV
M&A
INR 55.6 bn
FY11
Divestment of 63% shareholding, held by Promoters and General Atlantic Partners, to iGate Corporation
A landmark transaction in the IT services sector involving the acquistion of Patni Computers, a leading IT services compay in India, Nasdaq listed iGate Corporation
Divestment of 63% shareholding, held by Promoters and General Atlantic Partners, to iGate Corporation
A landmark transaction in the IT services sector involving the acquistion of Patni Computers, a leading IT services compay in India, Nasdaq listed iGate Corporation
ECM
INR 0.5 bn
FY10
Manager to the Open Offer for DISA India
Ambit acted as the Manager to the indirect Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges
Manager to the Open Offer for DISA India
Ambit acted as the Manager to the indirect Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges
ECM
INR 0.21 bn
FY10
Manager to the Open Offer to the public shareholders of Ceekay Daikin by Exedy Corporation
Ambit acted as the Manager to the Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges
Manager to the Open Offer to the public shareholders of Ceekay Daikin by Exedy Corporation
Ambit acted as the Manager to the Open Offer and advised the Acquirer on the Open Offer including pricing and liaising with SEBI and the Stock Exchanges
M&A
NA
FY10
Sale of Gucci Franchise in India to Luxury Goods Retail
Sale of Gucci Franchise in India to Luxury Goods Retail
M&A
INR 2.04 bn
FY10
Acquisition of 72% shareholding in Fem Care India Limited by Dabur India Limited
Acquisition of 72% shareholding in Fem Care India Limited by Dabur India Limited