Amarchand and AZB on Actis and Khazanah’s $180 million investment in IDFC
Malaysian Sovereign wealth fund Khazanah along with Actis have invested Rs. 840 crore ($ 180 million) in IDFC. AZB & Partners advised Khazanah group with Partner Shuva Mandal along with Senior Associate Varoon Chandra and Associate Bhavi Sanghvi. Amarchand & Mangaldas advised IDFC with Capital Markets Partner Yash Ashar and Senior Associate Gaurav Gupte. IDFC QIP, which closed at the beginning of the month, also had Amarchand advise IDFC. S & R and the Singapore office of Linklaters had advised the Bankers CLSA, Morgan Stanley, and Credit Suisse to conclude the QIP.
Amarchand and AZB on Actis and Khazanah’s $180 million investment in IDFC barandbench.com Wed, Jul 14, 2010