Khaitan & Co acted as the lead counsel to Federal Bank on the acquisition of a segment of Standard Chartered Bank’s Indian credit card portfolio. The Firm played a key role in structuring and executing the transaction, including undertaking legal due diligence on the portfolio, advising on complex legal and regulatory considerations, leading negotiations, and drafting and finalising the transaction documents.
Khaitan & Co advised Aditya Infotech Ltd on its joint venture with Orient Cables (India) Ltd, for setting up a manufacturing unit for producing electric cables.
Khaitan & Co advised JSW Steel Ltd in relation to a joint venture with the South Korea-based POSCO Group.
Khaitan & Co advised Becton Dickinson and Company, one of the largest global medical technology companies, in relation to the spin-off of its biosciences and diagnostic solutions business for an ultimate sale to Waters Corporation. This was part of the global spin-off of Becton Dickinson and Company’s biosciences and diagnostic solutions business.
Khaitan & Co advised MUFG Bank Ltd, a marquee existing investor in the Neo Group, in connection with Neo Group’s Series D fundraise, including on the negotiation, review and revision of the relevant transaction documentation and related stakeholder rights.
Financial Services - India
Khaitan & Co advised Everstone Capital on its partnership with the founding promoters of Apothecon Pharmaceuticals Pvt Ltd (India) and Navinta III Inc.
Khaitan & Co advised Mindspace Business Parks REIT (managed by K Raheja Corp Investment Managers Pvt Ltd) on acquisition of International Tech Park Chennai (with total leasable area of ~2.6 million square feet) for INR 3000 crores from CapitaLand.
Khaitan & Co advised Fullife Healthcare Pvt Ltd in connection with Series D fundraise by Fullife Healthcare Pvt Ltd for a total amount of INR 300 crores (~USD 33 million) from Elev8 and its affiliates through a combination of primary subscription (~INR 150 crores / ~USD 16.5 million) and secondary purchase (~INR 150 crores / ~USD 16.5 million).
