Khaitan & Co advised Nexus Select Trust (acting through its Manager, Nexus Select Mall Management Pvt Limited) (“Nexus”) on the proposed acquisition of 100% of the share capital of Galaxy Infra Creations Pvt Ltd which owns: (a) a 0.5 million square feet Grade-A mall; and (b) a 164 key Hyatt Regency Hotel, each of which are currently under construction in Guwahati, for a purchase consideration of ~INR 1600 Crores, fro
Khaitan & Co advised and assisted Bagaria Commercial Company in connection with the sale of its premium commercial property situated at 10D/2 Ho Chi Minh Sarani, Kolkata, to Musaddi Real Estate Construction LLP. The scope of assistance included advising the Client on the transaction structure and documentation, negotiating and finalising the Deed of Conveyance, and reviewing and negotiating other ancillary transaction documents and related matters to facilitate completion of the transaction.
Khaitan & Co advised the Volkswagen Group, in connection with the India leg of the agreement to sell a majority stake in Everllence (formerly known as MAN Energy Solutions) to Bain Capital, a leading global private investment firm.
The transaction is subject to regulatory approvals and customary closing conditions.
Khaitan & Co advised Alta Capital Management LLP on the acquisition, through its logistics-based platform Logicap, of warehousing assets from Singapore-based Xander Investment Management.
Khaitan & Co advised Prime Offices Fund managed by Nuvama and Cushman & Wakefield, on the acquisition of 2,64,000 square feet of institutional-quality office space in BKC, Mumbai, jointly with Brookfield India Real Estate Trust, for an enterprise value of INR 1700 crores.
Khaitan & Co advised Hyva (India) Pvt Ltd (“Hyva”) on the Indian law aspects of the sale of its Tipper Business in India to Belrise Industries Ltd.
Khaitan & Co advised India Resurgence Fund, on its acquisition of a significant majority stake in Fine Edge Engineering (housing the precision machined castings business of Ashok Iron Works Group).
Khaitan & Co advised Mahindra & Mahindra Ltd, a leader in automotive, farm, and services businesses and Mahindra Last Mile Mobility Ltd (MLMML), on a ~INR 322 crores primary fundraise into M&M’s last mile mobility arm, MLMML, at a valuation of INR 10,822 crores.
Khaitan & Co advised Bain Capital on its acquisition (through its affiliates Integral Investments Asia IV Ltd and BCPE Wellbeing Holdco Two Ltd) of UK’s Vitabiotics Group, comprising Omega Meyer and its subsidiaries across the United Kingdom, India, China, Egypt, Nigeria, Indonesia, the United States, Jersey, the Bahamas and Switzerland and Meyer Organics Pvt Ltd in India.
Khaitan & Co advised Hindustan Composites Ltd on sale of friction business of Hindustan Composites Ltd by way of slump sale to Rane (Madras) Ltd for a total consideration of INR 370 crores. The transaction is subject to regulatory approvals and other closing conditions. As part of the transaction, Rane (Madras) will also acquire the COMPO brand, and 2 plants, expanding its presence across aftermarket, fleet operator, and distribution channels.
