Indian law firm Khaitan ranked Asia's 4th in M&A legal advisory league

April 14, 2008 After billionaires and billion- dollar firms, it is the turn of an Indian law firm to reap accolades on international arena with Khaitan and Co being ranked as Asia's fourth biggest legal advisor for merger and acquisition deals during 2007. Helped by some high-profile deals like the sale of mobile phone player Hutch to British giant Vodafone, Khaitan and Co had role in completed M&A deals worth about 17.41 billion dollars last year.

The M&A Asia list of legal advisers has been topped by US-based law firm Paul Weiss with completed deals worth 29.54 billion dollars. It is followed by Europe's Freshfileds Bruckhaus with 29.4 billion dollars worth completed deals and Sullivan & Cromwell at third place (24.5 billion dollars).

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