Majmudar & Co.
Home Page Disclaimer Privacy Policy Site Map Contact Us
The Firm
Practice Areas
Team
Clients
Recruitment
Investing in India
Publications
The Legal System
 
 
 
 
 
 

CORPORATE AND M&A

 
 

Acted as Indian legal counsel to Electronic Data Systems Corporation (“EDS”) in its recent acquisition of the Bangalore-headquartered software testing services company, RelQ Software Private Limited, and its international subsidiaries in France, the UK, the US and Singapore (collectively, “RelQ”).  Assisted EDS in legal due diligence, and drafting, negotiating and executing the agreement to purchase 100% of the equity shares in RelQ. 

 

Represented Classic Stripes Private Limited in its transaction with Ivy Lane Capital.  Assisted in terms sheet drafting, due diligence matters, and negotiating and finalizing the transaction documents.

 

Represented Welspun Gujarat Stahl Rohren Ltd., India (one of the largest SAW pipe makers in the world), in its joint venture with Lone Star Technologies, Inc. of the US to manufacture spiral pipes in the US.  The joint venture company will have combined debt and equity of US$65 million.

 

Represented ADM Investor Services, Optiver and Société Générale India on their respective joint ventures in the stockbroking sector in India.  Advised on deal structuring, company, tax, foreign exchange and applicable laws.  Drafted and negotiated the deal documents for ADM Investor Services.

 

Represented McAndrews & Forbes Holdings Inc., a large American multinational, in its acquisition of the Deluxe Film Group and Digicaptions India Private Limited.  Advised on corporate and other Indian acquisition laws.

 

Represented TQ3 Travel Solutions Management Holding Gmbh and its Indian wholly-owned subsidiary in their acquisition by WorldTravel International BV.  Advised on all the Indian law aspects of the transaction.

 

Represented CNP Assurances S.A., a leading French insurance company, in its insurance joint venture project with a large Indian company. Assisted in deal structuring, tax, foreign exchange, corporate and insurance regulatory matters.

 

Represented Colliers International, the global real property consultancy company, in the acquisition of control of its Indian subsidiary from HDFC and IL&FS

 

Represented PMC Group, Inc., a US chemicals company, in its acquisition of ICI India Ltd.'s (a subsidiary of ICI Plc) rubber chemicals division

 

Acted for Tasman Networks, Inc. (formerly Tiara Networks), a San Jose, CA-based provider of enterprise routers, and its Indian wholly-owned subsidiary, on the Indian law aspects of its acquisition by NYSE-listed Nortel for $99.5 million in cash.  The deal closed in end-February 2006.

 

Assisting Ganatra Builders in their construction-related joint venture with the Clancy Group, UK

 

Advised PortalPlayer Private Limited, a subsidiary of PortalPlayer, Inc., on Indian IPO guidelines for its public listing

 

Assisted Babtie Group Ltd., a British engineering consultancy firm, in setting up its wholly owned subsidiary; liaised with the Foreign Investment Promotion Board, New Delhi, and obtained the foreign investment approvals

 

Assisted Pixelworks, Inc., Agile Software Corporation, Noetix Corporation, CROSSMARK, Inc., Trimble Navigation Limited, Foundation Systems, Inc., and other international companies on establishing wholly owned subsidiaries in India and on Indian corporate laws

 

Advised Smith International, Inc. on its asset purchase transaction of an Indian drill bit manufacturing company

 

Acted for Empi, Inc., a Carlyle Group company, on its share acquisition of Ormed Medical Technology Ltd., Chennai; conducted a comprehensive legal due diligence; advised on corporate, tax, foreign exchange, antitrust, securities, contract, distribution and related laws

 

Represented the Jordan Company on its acquisition of a 50% stake in Lincoln Helios India Ltd., Bangalore; advised on corporate, tax, antitrust and foreign exchange laws; drafted the requisite transactional documents; obtained Reserve Bank of India and Ministry of Finance approvals

 

Represented SPX Corporation on its stock acquisition of BDT Ltd., Chennai; advised on corporate, tax, antitrust and foreign exchange laws

 

Represented CMI-Centers for Medical Innovation AG on its joint ventures with Nicholas Piramal Ltd., Zandu Pharmaceuticals Ltd. and SPIC Ltd. in the pharmaceutical and biotechnology sectors; advised on Indian drug laws; drafted pharmaceutical company specific transactional documentation

 

Structured the investment of Charles Schwab & Co., Inc. into India; advised on corporate, tax, employment and regulatory matters

 

Represented Electronics For Imaging, Inc. and Electronics For Imaging India Pvt. Ltd. on the sale of the Unimobile business to Verisign, Inc.

 

Represented IMS Health Incorporated and IMS Health India Private Limited in their joint venture with ACNielsen ORG-Marg Private Limited

 

Represented Hitachi Metals Ltd. in its acquisition of Honeywell International’s amorphous metals unit in India

 

Advised Tyrolit Schleifmittelwerke Swarovski KG on its open offer of Wendt India Ltd.

 

Represented the GE Asia Pacific Capital Technology Fund on its investment in Patni Computer Systems Ltd.

 

Represented Telekom Malaysia in its acquisition (in conjunction with STT) of AT&T’s stake in Idea Cellular Ltd.

 

Represented Skyterra Communications, Inc. (Apollo Management L.P.) in its acquisition of Direct TV Group, Inc.’s subsidiaries in India, namely, Hughes Network Systems. The deal closed in May 2005 and was one of the largest global private equity deals in the satellite communications space.

 Go to Top
 
  © Majmudar & Co. 2008. All Rights Reserved.