Khaitan & Co Advised RTP Global SEA Ltd (“RTP Global”) in connection with its ~USD 4.9 million investment as lead investor in a ~USD 6.2 million financing round in Ozi Technologies Pvt Ltd (“OZi”).

Khaitan & Co advised Qualcomm Ventures LLC in its investment in Naffa Innovations Pvt Ltd. 

The Firm (a) assisted in the negotiation and finalisation of the transaction documents; and (b) review and recommendations based on the vendor due diligence report of Naffa Innovations Pvt Ltd.

Khaitan & Co advised RSB Transmissions on its proposed acquisition of approximately 76% in Setco Auto Systems Pvt Ltd (SASPL) from Setco Automotive Ltd (SAL) and India Resurgence Fund (India RF), along with a further subscription by RSB at closing to support repayment of SASPL’s existing debt. The transaction closing is subject to customary consents and approvals.

Khaitan & Co advised DWS Group GmbH & Co. KGaA (“DWS”) in relation to its proposed acquisition of 40% of Nippon Life India AIF Management Ltd (“NAIF”), currently a wholly owned subsidiary of Nippon Life India Asset Management Ltd (“NAMI”) for a consideration of approx. INR 733 crores by subscribing to equity shares to be issued by NAIF by way of preferential allotment (“Proposed Transaction”).

Khaitan & Co advised VINCI Highways, a subsidiary of VINCI Concessions, in relation to 100% acquisition of the Safeway Concessions by Concessoc 41 (part of VINCI Concessions) from Macquarie Asia Infrastructure Fund 2, managed by Macquarie Asset Management. Safeway Concessions platform comprises of nine toll road assets across Andhra Pradesh and Gujarat, totalling nearly 700 km along with an integrated O&M entity.  Completion is subject to customary conditions and regulatory approvals.

Khaitan & Co advised South Park Commons India Fund, LLC in relation to its investment in Centai Technologies Pvt Ltd. 

The Firm assisted in drafting and negotiating the transaction documents and closing support.

Khaitan & Co advised STEAG Power GmbH in relation to the divestment of 100% of its stake in STEAG Energy Services (India) Pvt Ltd to Bluspring Enterprises Ltd.

Khaitan & Co advised the Bangkok headquartered Indorama Ventures on acquisition of majority control of Blackstone owned EPL Ltd by amalgamation of Indorama’s offshore packaging business with EPL India, resulting in estimated valuation of USD 2 Billion in the combined entity.

Khaitan & Co acted as the legal counsel to the book running lead managers (Kotak Mahindra Capital Company Ltd, Axis Capital Ltd, Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd, J.P.

Khaitan & Co advised consortium comprising of Aditya Birla Group, Times of India Group, Bolt Ventures and Blackstone on the proposed acquisition of Royal Challengers Sport Pvt Ltd from United Spirits Ltd, in a transaction valuing the business at ~USD 1.8 billion.