International Corporate Finance

FA: Financial Advisor LA: Legal Advisor

INDIA TOP 10 M&A DEALS

July 2015 - June 2016

DATE DEAL VALUE

USD

(MILLIONS)

TARGET

COMPANY

DEAL

DOMINANT

INDUSTRY

BIDDER BIDDER

ADVISORS

SELLER SELLER

ADVISORS

31/03/2016 2 401

Jaiprakash Asso-

ciates (Cements

plants with the

capacity of 21.20

MTPA)

Construction UltraTech Cement

FA: JM Financial; Standard

Chartered

LA: Cyril Amarchand Man-

galdas

Jaiprakash

Associates

FA: ICICI Securities

LA: Vaish Associates

21/10/2015 1 955

Viom Networks

(51% stake)

Telecommu-

nications:

Carriers

American Tower

Corporation

FA: Evercore Partners; Kotak

Investment Banking

LA: AZB & Partners; Clifford

Chance; Luthra & Luthra Law

Offices

GIC Special

Investments; IDFC

Private Equity;

SREI Infrastruc-

ture Finance;

Tata Teleservices;

Oman Investment

Fund

LA: Agram Legal Consultants;

Nishith Desai Associates

12/06/2016 1 378 Welspun Re-

newables Energy

Energy Tata Power Re-

newable Energy

FA: JM Financial

LA: AZB & Partners

Welspun Energy

FA: Barclays

LA: Cyril Amarchand Man-

galdas

04/04/2016 1 008 Mphasis (76.27%

stake)

Computer

services

Blackstone Group

FA: JM Financial

LA: Kirkland & Ellis; Shardul

Amarchand Mangaldas & Co;

Simpson Thacher & Bartlett

HP FA: Citi

LA: White & Case

18/05/2016 919

Blackbird Hyperso-

nic Investments Media

Beijing Miteno

Communication

Technology Co.,

FA: Sinolink Securities

Blackbird Hyper-

sonic Investments

FA: Bank of America Merrill

Lynch

27/06/2016 777

Sistema Shyam Te-

leServices (17.14%

stake)

Telecommu-

nications:

Hardware

AFK Sistema OAO N/A

Government

of the Russian

Federation

N/A

04/02/2016 706 Reliance Cemen-

tation

Construction Birla Corporation FA: Axis Capital

LA: Nishith Desai Associates

Reliance In-

frastructure

FA: Morgan Stanley; SBI Capital

Markets

LA: J Sagar Associates

04/05/2016 600

Jindal Steel &

Power (1000 MW

power plant in

Chhattisgarh)

Energy JSW Energy

LA: Cyril Amarchand Man-

galdas

Jindal Steel &

Power N/A

13/05/2016 586

Crompton Greaves

Consumer Electri-

cals (60.37% Stake)

Consumer

Consortium

for Crompton

Greaves Consu-

mer Electrical

N/A

Crompton

Greaves Consu-

mer Electricals

N/A

29/09/2015 500

PayTM Mobile Solu-

tions (15% Stake)

Internet /

ecommerce

Alibaba Group

Holding; Ant

Financial Services

Group

LA: Simpson Thacher & Bart-

lett; Trilegal

One97 Communi-

cations

FA: Goldman Sachs

LA: Shardul Amarchand Man-

galdas & Co