Key Transactions

M&A

NA

FY09

Sale of Valves Business of Kirloskar Oil Engines to Eaton Corporation, US

Kirloskar Oil Engines sold the engine valve components division located in Ahmednagar and Nashik (Maharashtra) to Eaton Corporation, US

Sale of Valves Business of Kirloskar Oil Engines to Eaton Corporation, US

Kirloskar Oil Engines sold the engine valve components division located in Ahmednagar and Nashik (Maharashtra) to Eaton Corporation, US

M&A

NA

FY09

Sale of 51% shareholding in Vishay Sanmar by the Sanmar Group to Vishay Intertechnology, US

The Sanmar Group sold its 51% stake in Vishay Sanmar to Vishay Intertechnology, US to exit from the JV

Sale of 51% shareholding in Vishay Sanmar by the Sanmar Group to Vishay Intertechnology, US

The Sanmar Group sold its 51% stake in Vishay Sanmar to Vishay Intertechnology, US to exit from the JV

M&A

NA

FY09

Acquisition of 100% stake in Matrix Metals LLC, US by the Sanmar Group

The Sanmar Group acquired 100% stake in Matrix Metals LLC, US which is a manufacturer of steel valve, oil field equipment, locomotive and transit castings

Acquisition of 100% stake in Matrix Metals LLC, US by the Sanmar Group

The Sanmar Group acquired 100% stake in Matrix Metals LLC, US which is a manufacturer of steel valve, oil field equipment, locomotive and transit castings

M&A

INR 1.1 bn

FY09

Sale of two wheeler assets of Kinetic Motor to Mahindra & Mahindra

Mahindra & Mahindra entred into the two-wheeler segment through acquisition in Kinetic Motor

Sale of two wheeler assets of Kinetic Motor to Mahindra & Mahindra

Mahindra & Mahindra entred into the two-wheeler segment through acquisition in Kinetic Motor

M&A

INR 95 bn

FY09

Merger of Centurion Bank of Punjab with HDFC Bank

Ambit advised on the landmark merger of Centurion Bank of Punjab with HDFC Bank through a stock swap transaction. This was the largest M&A in India till date at the time of announcement

Merger of Centurion Bank of Punjab with HDFC Bank

Ambit advised on the landmark merger of Centurion Bank of Punjab with HDFC Bank through a stock swap transaction. This was the largest M&A in India till date at the time of announcement

M&A

INR 8.26 bn

FY09

Acquisition of Standard Chartered Mutual Fund

Ambit Advised IDFC Limited on their foray into mutual funds through the acquisition of Standard Chartered's asset management business in India through a competitive sale process

Acquisition of Standard Chartered Mutual Fund

Ambit Advised IDFC Limited on their foray into mutual funds through the acquisition of Standard Chartered's asset management business in India through a competitive sale process

M&A

INR 2 bn

FY09

Acquisition of strategic stake in Geojit Financial Services

Ambit advised BNP Paribas on the acquisition of equity stake in Geojit Financial Services, a leading retail stock broker in India. The transaction structure involved a preferential allotment and an open offer along with issuance of warrants

Acquisition of strategic stake in Geojit Financial Services

Ambit advised BNP Paribas on the acquisition of equity stake in Geojit Financial Services, a leading retail stock broker in India. The transaction structure involved a preferential allotment and an open offer along with issuance of warrants

M&A

NA

FY09

Acquisition of DigiCable by Reliance Capital

Acquisition of DigiCable by Reliance Capital

M&A

NA

FY09

26% stake sale in Balaji Telefilms by Star Group

26% stake sale in Balaji Telefilms by Star Group