Khaitan & Co advised and represented Orient Electric Ltd in connection with its acquisition of a premium real estate asset situated in a prime location in Kolkata, West Bengal, for an aggregate consideration of approximately INR 32 crores. The transaction involved advising on various legal aspects of the acquisition, including the conduct of title due diligence and preparation of the transaction documentation.
Khaitan & Co advised Brookfield Asset Management on the acquisition of a portfolio of 8 warehousing assets across multiple cities from ESR Group.
The Firm role included preparation of diligence reports and transaction documents, structuring of the transaction, and procurement of W&I insurance policy.
Khaitan & Co advised Kedia Apartments Co-operative Housing Society Ltd on the redevelopment of its property at Malabar Hill, Mumbai, by Shoden Developers (part of the House of Hiranandani Group).
Khaitan & Co advised Sumitomo Corporation in relation to acquisition of 49% equity shareholding in Clean Solar Power (Baniyana) Pvt Ltd (the “Target Company”), a subsidiary of HSEPL, which forms part of Hero Future Energies, the renewable energy business arm of the Hero Group (“Proposed Transaction”). Following completion of the proposed investment, Hero Solar Energy Pvt Ltd (“HSEPL”) will retain the remaining 51% equity shareholding in the Target Company.
Khaitan & Co acted as legal advisors to Shree Naman Developers Pvt Ltd in relation to (i) due diligence and acquisition of Gstaad Hotels Pvt Ltd which owns JW Marriott, Bengaluru and Neo Capricorn Plaza Pvt Ltd which owns Crowne Plaza, Pune,
Khaitan & Co acted as India legal counsel to The University of Western Australia, one of the top-ranked universities in the world, on setting up campuses in Mumbai and Chennai in India.
Khaitan & Co advised Anarock Property Consultants Ltd (“Anarock”) in relation to acquisition of majority stake in DSP Design Associates Pvt Ltd (“DSP”).
Khaitan & Co advised Iconic Property Developers Pvt Ltd, a wholly owned subsidiary of Suraj Estate Developers Ltd, in relation to the redevelopment of The Tadeshwar Wadi Co-operative Housing Society and Amol Co-operative Housing Society, collectively comprising 90 (ninety) members and situated on a land parcel admeasuring approximately 2,942 square metres in Mahim, Mumbai. The engagement included advising on and negotiating the transaction documents and conducting legal due diligence.
Khaitan & Co advised Advent International on its investment of INR 3,150 crores in Yatharth Hospital & Trauma Care Services Ltd, a listed company and a leading multi-speciality healthcare platform headquartered in NCR.
Khaitan & Co advised Madison Air Solutions Corporation ("Madison Air"), a global provider of air quality solutions, on its definitive agreement to acquire ebm-papst, a leading global supplier of high-performance airflow technology and a pioneer in integrated electronically commutated fan and motor systems, at an enterprise value of USD 5.4 billion.
