The Indian Story in Global Mergers and Acquisitions · akira Kawamura Anderson Mori & Tomotsune,...

The Indian Story in Global Mergers and Acquisitions

9–10 March 2012 Grand Hyatt, Mumbai, India

A conference presented by the IBA Corporate and M&A Law Committee, supported by the IBA Asia

Pacific Regional Forum

Topics include:

• OpportunitiesintheIndianM&Amarket

• Recenttrendsofoutboundinvestments

• KeyrisksindoingM&AinIndia

• ImplicationsoftheglobalturmoilontheIndianM&Amarket

• TheroleofthejudiciaryinIndia’sgrowthstory

• PublicM&AinIndia–newtakeovercode

• CompetitionlawinIndiaanditsimpactonM&Adeals

• TaximplicationsforM&AinIndia–newdirecttaxcodeandimpactofcaselaws(includingVodafone)

• EnforcementinIndia

• Anti-corruptioncompliance

Who should attend?

Indianandinternationallawyers,in-housecounsel,academics, investmentbankers,regulatoryandcomplianceofficers,venture capitalists, fund managers, law professors, law students.

*AspertheSolicitorsRegulationAuthorityofEnglandandWales.ThenumberofCPDpoints/hoursavailablemayvaryforotherbarassociationsandlawsocietiesdependingontheircriteria.

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programmeConference Co-Chairssergio sanchez sole J&A Garrigues, Barcelona; Vice-Chair, IBA Corporate and M&A Law Committeecyril shroff Amarchand & Mangaldas & Suresh A Shroff & Co, Mumbai; Council Member, IBA Legal Practice Division

All sessions will tAke plAce in GrAnd BAllroom i And ii, GrAnd HyAtt mumBAi

0830–1815 registration

0830–0900welcome coffee

0900–0910welcome remarks cyril shroff

0910–0930opening Addressakira Kawamura Anderson Mori & Tomotsune, Tokyo; President, International Bar Association

0930–1030 special Addressajay Piramal Chairman, Piramal Enterprises Ltd, Mumbai

keynote AddressU K sinha Chairman, Securities and Exchange Board of India, Mumbaishikha sharma Managing Director & CEO, Axis Bank, Mumbai

1030–1045 coffee/tea break

1045–1200opportunities in the Indian M&A market ThepanelwillprovidetheirperspectiveontherecentM&AtrendsinIndiaandtheirvisionforitsfuture.Thissessionwillalsoexplorewhichindustriesarepoisedforshake-ups,aseconomiesemergefromtheglobalrecession,and which sectors will present the greatest M&A opportunities in the coming years.

Session Chairschristopher saul Slaughter and May, Londonshardul shroff Amarchand & Mangaldas & Suresh A Shroff & Co, New Delhi

Panellistsrohit chatterji Managing Director, J P Morgan, Mumbaifrank Hancock Managing Director-Advisory, Barclays Capital, Mumbai sajjan Jindal Chairman, Managing Director, JSW Steel, Mumbaisameer nath Managing Director and Head of Mergers and Acquisitions, Citigroup Global Markets India Private Limited, Mumbaisanjay nayar CEO and Country Head, Kohlberg Kravis Roberts & Co, Mumbai

continuing professional development /continuing legal education

FordelegatesfromcountrieswhereCPD/CLEismandatory,theInternationalBarAssociationwillbepleasedtoprovideaConferenceCertificateofAttendancewhich,subjecttotheexactCPD/CLErequirements,maybeusedtoobtaintheequivalentaccreditationinyourjurisdiction.

ThisconferencehasbeenaccreditedforCPD/CLEbytheSolicitorsRegulationAuthorityofEnglandandWales.Delegatesshouldaskstaffattheregistrationdeskforinformationastohowtoobtainthehours.

Theorganisersmayatanytime,withorwithoutgivingnotice,intheirabsolutediscretionandwithoutgivinganyreason,cancelorpostponetheconference,changeitsvenueoranyoftheotherpublishedparticulars,orwithdrawanyinvitationtoattend.Inanycase,neithertheorganisersnoranyoftheirofficers,employees,agents,membersorrepresentativesshallbeliableforanyloss,liability,damageorexpensesufferedorincurredbyany person, nor will they return any money paid to them in connection with the conference unless they are satisfied not only that the money in question remains under their control but also that the person who paid ithasbeenunfairlyprejudiced(astowhich,decisionshallbeintheirsoleandunfettereddiscretionand,whenannounced,finalandconclusive).

Associate social event sponsors

friday 9 March

Associate conference sponsor

exhibitors

1200–1315 Recent trends of outbound investments IndiaInc’sactivitiesinthearenaofoutboundM&Ahaveintensifiedinthepastfewyears.OutwardinvestmenttothetuneofUS$80bnhasbeenmadeoverthepastdecade,withthemostfavoureddestinationsbeingtheUKandUS.Giventhisbackground,thepanelwillexplorethestructuringissuessurroundingoutboundinvestments.

Session ChairsZia Mody AZB & Partners, Mumbaichris Parsons Herbert Smith, London

PanellistsJeffrey a blount Fulbright & Jaworski, Hong Kong SAR and BeijingGlenn Gerstell Milbank, Washington DCas Kumar General Counsel, Dr Reddy’s Laboratories Ltd, MumbaiYM shivamurthy Group President Legal and General Counsel, GMR Energy Ltd, BengaluruDr Hans-Jorg Ziegenhain Hengeler Mueller, Munich; Vice-Chair, IBA Current Legal Developments Subcommittee; IBA Corporate and M&A Committee

1315–1500 lunch

Luncheon Address ‘Corporate Governance in M&A Transactions’Professor Umakanth Varottil Assistant Professor of Faculty of Law, National University of Singapore

1500–1635 Key risks in doing M&A in IndiaThepanelwilldiscusstheregulatoryandculturalconsiderationswhiledoingcross-borderM&AinIndia.Topicssuchasregulatoryroadblocks,judicialintervention,policyparalysis,fairnessopinions,advisorliabilityand enforcement trends will be discussed. Some of the panellists will sharetheirexperienceshavingsuccessfullycompletedtheircross-borderM&A deals in India.

Session Chairsrajiv luthra Luthra & Luthra, New Delhisergio sanchez sole

Panellistssandip bhagat S&R Associates, Mumbaiamit Kalyani Executive and Managing Director, Bharat Forge, Punesrinivas s Kaushik Kirkland & Ellis International, New YorkPeter King Weil Gotshal & Manges, London anil singhvi Chairman, Ican Investments Advisors Pvt Ltd, Mumbai


1700–1815 Implications of the global turmoil on the Indian

M&A marketAsthefalloutfromtheglobalrecessionsettles,thepanelwillexplorethepresent status of acquisition financing in India and the Indian constraints. Thepanelwillalsodiscussthestructuresavailableandtheissuesinvolvedforconductingleveragedbuy-outsinIndia.

Session ChairsPer berglof Delphi, Stockholm; Co-Chair, IBA Corporate and M&A Law Committee aisha de sequeira India Head of Investment Banking, Morgan Stanley Indian Company, Mumbai

Panellistssanjay bhandarkar Managing Director, Rothschild, MumbaiGaurav Deepak Managing Director, Avendus Capital Pvt Ltd, Mumbairachel eng WongPartnership, Singapore; Senior Vice-Chair, IBA Capital Markets Forum Haigreve Khaitan Khaitan & Co, MumbaiPaul lyons Travers Smith, London

1930–2230 reception and buffet dinnerGrand Hyatt Mumbai

The role of the judiciary in India’s growth storyInrecenttimes,theSupremeCourtofIndiahasincreasinglytakenanactiveroleinIndia’sgovernance.WhatmayseembeneficialintheshorttermwilldefinitelyhaveanimpactonIndia’sConstitutioninthelongterm.Thepanelconsistingofesteemedjudgesandcounselswilldeliberatethisissue.

Rapporteurcyril shroff

PanellistsMr Justice Mohit s shah Chief Justice, Bombay High Court, MumbaiDr Justice Dhananjaya Y chandrachud Bombay High Court, Mumbailord Peter Goldsmith Qc Debevoise & Plimpton, LondonGoolam essaji Vahanvati Attorney General for India, New Delhi

friday 9 March

supporters

LEGAL ERA

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All sessions will tAke plAce in GrAnd BAllroom i And ii, GrAnd HyAtt mumBAi

0830–1530 registration

0830–0845welcome coffee

0845–0915welcome remarksPer berglof Delphi, Stockholm; Co-Chair, IBA Corporate and M&A Law Committee

Special Address sergio sanchez sole J&A Garrigues, Barcelona; Vice-Chair, IBA Corporate and M&A Law Committee

0915–1030 public M&A in India – new takeover codeThepanelwilldiscussthelegalregimegoverningtakeovers.Itwillalsobrainstormontherecentdevelopmentsinthetakeovercodeincluding,discussingthepressingneedstomakefurtheramendmentstotheregulation.

Session Chairscyril shroff Amarchand & Mangaldas & Suresh A Shroff & Co, Mumbai; Council Member, IBA Legal Practice Divisionbharat Vasani General Counsel, Tata Group, Mumbai

Special Addressneelam bhardwaj General Manager, Securities and Exchange Board of India, Mumbai

Panellistsraj balakrishnan Managing Director, Bank of America Merrill Lynch, Mumbaiadam o emmerich Wachtell Lipton Rosen & Katz, New Yorksourav Mallik Senior Executive Director M&A, Kotak Investment Banking, Mumbaisughosh Moharikar Head of M&A, Deutsche Equities India Pvt Ltd, Mumbaisomasekhar sundaresan J Sagar Associates, Mumbai

1030–1145 Competition law in India and its impact on M&A deals2011hasbeenacrucialyearfortheantitrustregimeinIndia.Sections5&6andotherprovisionsoftheCompetitionAct2002havefinallybeennotified. But does the Act meet its requirement of regulating competition? Thepanelwilldeliberateontheserelatingissues.

Session ChairsMichael reynolds Allen & Overy, Brussels; Vice-President, International Bar AssociationPallavi shroff Amarchand & Mangaldas & Suresh A Shroff & Co, New Delhi

Special Address Dr Geeta Gouri Member, Competition Commission of India, New Delhi

Panellistsashok Gupta Group Legal Counsel and Chief Legal Officer, Aditya Birla Group, MumbaiJanet Hui Jun He Law Offices, Beijingr shyam Khemani Principal, Microeconomic Consulting and Research Associates Inc, Washington DCbertrand louveaux Slaughter & May, LondonJose regazzini TozziniFreire Advogados, Sao Paulo; Co-Chair, IBA Antitrust Committee


saturday 10 March

1200–1315 Tax implications for M&A in India – new direct tax code and impact of case laws (including Vodafone)ThepanelwilldeliberateontheimpactoftheexistingtaxregimeonM&AdealsinIndia,withaspecialfocusonthetaxplanningtechniqueswhiledoinganM&AdealinIndia,including,exploringtheexistingfavourabletaxtreaties.ThepanelwillalsodeliberateupontheaftermathoftheVodafonejudgementanditsimpactonthestructureofM&AdealsinIndia.

Session Chairsnishith Desai Nishith Desai Associates, MumbaiDinesh Kanabar Deputy CEO and Chairman Tax, KPMG India, Mumbai

PanellistsKetan Dalal Regional Managing Partner (West) and JT Leader, tax and regulatory services, PricewaterhouseCoopers, Mumbai nikhil Mehta Barrister, Gray’s Inn, London; International Tax Consultant to Amarchand & Mangaldas & Suresh A Shroff & Cosudhir nayak SKP, Mumbaibobby Parikh BMR Advisors Pvt Ltd, Mumbai

1315–1430 lunch

concurrent sessions GrAnd BAllroom i And ii, Hotel GrAnd HyAtt

1430–1545 session oneEnforcement in India Grand Ballroom IThispanelwillanalysethemostcommonissueswhicharesubjecttoarbitration as a result of an M&A transaction in India. Panellists will address theoriginsandnewtypesofissuesbeingadjudicatedandenforcementtrends for the same.

Session ChairsM P bharucha Bharucha & Partners, MumbaiPhilip rohlik Debevoise & Plimpton, Hong Kong SAR

PanellistsGautam bhattacharyya Reed Smith, LondonDarius Khambatta Additional Solicitor General for India, Bombay High Court, Mumbaic rashmikant Federal & Rashmikant, Mumbai

1430–1545 session twoAnti-corruption complianceGrand Ballroom IICompanies are more concerned about the Foreign Corrupt Practices Act of theUSandnow,theUK’sBriberyAct,thanIndia’sPreventionofCorruptionAct!Cangovernmentandindustryworkmorecloselytogethertotacklecorruption?Thepanellistswilldiscusstheanti-corruptionlegislationinIndia,theeffectofhighprofilepenalties,governmentalinitiativesandorganisationandimplementationofaneffectivecomplianceprogramme.

Session Chairsamit Desai Senior Advocate, Bombay High Court, Mumbailord Peter Goldsmith Qc Debevoise & Plimpton, London

Panellistsaslesha Gowariker Desai & Diwanji, Mumbaisatish Maneshinde Senior Advocate, Bombay High Court, Mumbaineerav Merchant Majmudar & Co, MumbaiMysore Prasanna Independent Consultant, Former Group Executive President, Corporate Legal, Aditya Birla Group, Bangalore

1545–1600 closing remarkssergio sanchez sole

1600–1630 closing coffee/tea break

Date9–10March2012

VenueGrandHyattMumbaiOffWesternExpressHighwaySantacruz(East)Mumbai400055IndiaTel:+912266761234Fax:+912266761235E-mail:[email protected]

LanguageAllworkingsessionsandconferencematerialswillbeinEnglish.

How to registerRegister online by 1 march at www.ibanet.org/conferences/conf413.aspxandmakepaymentbycreditcard,toavailofthetenpercentonlineregistration discount or complete the attached registration form and return ittoJulieElliottattheIBAtogetherwithyourpayment.Youshouldreceivee-mailedconfirmationofyourregistrationwithinfivedays;ifyoudonotthenpleasecontactJulieElliottatjulie.elliott@int-bar.org.

Information

FeesOnline registrations received:

on or before until 3February 1March

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Publiclawyers US$440 US$950

Corporatecounsel US$530 US$950

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Hard copy registration forms and fees received:

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Continued overleaf

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Hotel accommodationAlimitednumberofroomshavebeenreservedattheGrandHyattMumbaiforthenightsof9and10March2012:

GrandHyattMumbaiOffWesternExpressHighwaySantacruz(East)Mumbai400055Indiawww.mumbai.grand.hyatt.comTollfree:1800228001

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disabled accessTheGrandHyattMumbaiiswheelchairaccessible.Pleasenotifyusifyourequire special assistance.

Con

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The Indian Story in Global Mergers and Acquisitions

9–10 March 2012, Grand Hyatt, Mumbai, india

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Reservation Form IBA Conference 2012 (G-AC73)

March 09 - 10, 2012

Reservation Details

Arrival Date: Flight No: Arrival Time:

Departure Date: Flight No: Departure Time:

Last Name (1): First Name: Salutation: _________

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City:

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Please Reserve

Room Type Room Rate No. of Rooms No. of

Single Double Adults Children

Grand Room 10000 10000

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Terms & Conditions

• Incase of third party payments for these reservations, please contact us for assistance on the below numbers.

• Above quoted rates are inclusive of Buffet Breakfast at designated venue. Value added tax (VAT) @ 12.5% and service tax 10.30%

will be applicable on breakfast served to the guest as part of their room entitlement.

• The above rates are valid from March 09, 2012 to March 11,2012. For days prior & post, the best available rate of the day will be

offered.

• 10.30% Service Tax will be applicable on the above room rates. The hotel is presently exempted from levy of luxury tax on room

rates, change if any, in the said tax structure would be charged extra as applicable. Should there be any other taxes or changes in the rates

of taxes mandated by the government authorities at any future dates, the same would be applicable.

• Grand Hyatt Mumbai would like to requests that all guests always carry a valid form of photographic identification, such as

passport, driver's license etc. Guest may be asked to produce this at the hotel.

• CANCELLATION CLAUSE:

• Cancellation fees equivalent to one night cancellation charge will be applicable for cancellations or any changes in dates of

stay, received between January 05, 2012 - February 06, 2012. The same shall be charged on the above mentioned credit card.

• Cancellation fees equivalent to the length of stay, per room will be applicable for cancellations or any changes in dates of stay,

received post February 07, 2012 and similarly in case of no-show. The same shall be charged on the above mentioned credit card.

• Hotel official check in time is 1400 hrs and official check out time is 1200 noon. Should early check in be required, it is

recommended that the room be blocked from the night prior in order to guarantee an early check in.

• The number of rooms blocked for this event are limited and would be allocated on first come first serve. The last date to

reserve rooms is February 07, 2012 beyond which the rooms will be allocated subject to availability at best available rate of the

day

Please complete one form for each attendee and return the form to Hyatt Reservations at

Email: [email protected] / Toll Free Number (within India): 1800 228 001

The undersigned agrees to the above terms & conditions Client Signature:

11th Annual International Mergers and Acquisitions Conference

13–14 June 2012 new york, uSA

A conference presented by the IBA Corporate and M&A Law Committee with the support of the

IBA North American Regional Forum

Nowinits11thyear,thisleadingconferencewillonceagainbringtogetherpractitionersfromaroundtheglobetodiscussthelatestemergingdevelopmentsininternationalM&Alawaswellashostinputsandcommentaryfromsomeoftheworld’sleadingexperts.

Recurring topics include:

• AreviewoftheworldwideM&Amarketplace

• Theviewfromthebench

• CurrentM&Aissues

• Cross-borderdeals

• Hottopicsinshareholderactivism

• DoingdealsinIndia

Who should attend?

Lawyersinprivatepractice,in-housecounsel,investmentbankers,accountantsandspecialistsfrommergersandacquisitions business.

i n t e r n a t i o n a l b a r a s s o c i a t i o n c o n f e r e n c e s

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• Starts in September 2012 at our London Moorgate centre

• Three workshops per week – 2.5 hours each

• Supported by i-Tutorials, online test and feedback exercises and independent learning and research

S-mode modules

• Start in January or July each year

• Online study with one-to-one online supervision from a College tutor

• Nine units per module

• We supply an extensive suite of user-friendly, practical course material including electronic

learning aids

You choose your pace of learning

• Modular course design enables you to determine your own pace of learning

• S-mode modules start in January and July each year

Register now and take that step for educational and career development

The LL.M in International Legal Practice

Module First available start date

Business, fi nance and the legal services market July 2012

International intellectual property practice July 2012

International commercial legal practice July 2012

International public companies practice July 2012

International capital markets and loans practice July 2012

International mergers and acquisitions practice July 2012

International antitrust practice July 2012

International business organisations July 2012

International arbitration practice July 2012

International joint ventures July 2012

Global Professional Training with the International Bar Association and the College of Law – the practical route to enhance your career.

“I enjoyed the practical value of subjects studied, and the ability to veer away from a heavily academic approach.”

“It has exceeded my expectations…this course in its entirety is the best study experience that I have had.”

“The i-tutorials are very easy to use and informative, an excellent way for busy practitioners to learn.”

For further information, and to register please e-mail: [email protected]

www.ibanet.org/Education_and_Internships/LLM/LLM_Home.aspx

Advert space

International Bar Associationthe global voice of the legal profession

Theinternational Bar Association(IBA),establishedin1947,istheworld’sleadingorganisationofinternationallegalpractitioners,barassociationsandlawsocieties.TheIBAinfluencesthedevelopmentofinternationallawreformandshapesthefutureofthelegalprofessionthroughouttheworld.Ithasamembershipofmorethan45,000individuallawyersandover200barassociationsandlawsocietiesspanningallcontinents.Ithasconsiderableexpertiseinprovidingassistancetothe global legal community.

Groupedintotwodivisions–thelegal practice division and the public and professional interest division–theIBAcoversallpracticeareasandprofessionalinterests,providingmemberswithaccesstoleadingexpertsandup-to-dateinformation.Throughthevariouscommitteesofthedivisions,theIBAenablesaninterchangeofinformationandviewsamongitsmembersas to laws, practices and professional responsibilities relating to the practice of business law around the globe. Additionally, the IBA’shigh-qualitypublicationsandworld-classconferencesprovideunrivalledprofessionaldevelopmentandnetwork-buildingopportunities for international legal practitioners and professional associates.

TheIBA’sBarIssuesCommissionprovidesaninvaluableforumforIBAmemberorganisationstodiscussallmattersrelatingtolawataninternationallevel.

TheIBA’sHumanRightsInstituteworksacrosstheAssociationtopromote,protectandenforcehumanrightsunderajustruleoflaw,andtopreservetheindependenceofthejudiciaryandthelegalprofessionworldwide.

Corporate and M&A Law Committee overviewTheCorporateandM&ALawCommitteeistheprincipalcommitteewithintheIBAthatcoversissuesrelatingtomergersandacquisitions

Thecommitteeisresponsibleforreviewingdevelopmentsrelatingtocorporategovernance,privatisations,jointventures,aswell as the whole range of issues affecting all forms of business organisations from multinationals to listed corporations to privatefamilycompanies,topartnershipsandbusinesstrusts.ThecommitteeisalsofollowingdevelopmentsfornewformsofbusinessorganisationssuchasSAS,LLCandLLP.Thecommitteeprovidesin-depthinformationandexchangeofviewsonthesedevelopmentsandcontributesactivelytotheirimplementationthroughpublicationsandconferences.

Conferenceprogrammesarediscussedinadvancewithmembers,whoareencouragedtosuggesttopicsfordiscussionanddebates.Membersalsohavetheopportunitytoparticipateasspeakers.

Developmentsinmergersandacquisitionsandbusinessorganisationoccuralmostdaily.Thecommittee’sgoalisthatmemberswillusethewebsitetokeepinformedandtoexchangeviews.

TheCorporateandM&ALawCommitteealsoworkswiththeCloselyHeldandGrowingBusinessEnterprisestoformtheCorporate Law Section.

Thecommitteeofficersarekeentowelcomenewmemberstothecommittee,andencouragememberstoplayanactiveroleinthe committee and its conferences. Members who wish to participate should contact the IBA.

Asia pacific Regional Forum overviewInadditiontoofferinganunrivalledopportunitytoestablishcontactamonglawyerswithinandoutsidetheregion,andwithacknowledgedexpertsondifferentareasoflaw,specialistForumactivitiesprovidetheopportunitytokeepabreastoflegalbusinessdevelopmentsintheregion.MembersalsobenefitfromexcellentworkingrelationswithnationalBars,theInter-PacificBarAssociationandLAWASIA.

Contact informationinternational Bar Association 4thFloor,10StBrideStreet,LondonEC4A4AD,UnitedKingdomTel:+44(0)2078420090 Fax:+44(0)2078420091 E-mail:[email protected] www.ibanet.org

Wealth Management • Wealth Advisory* • Wealth Planning*

IT’S GOOD TO KNOW WE’RE HEADING IN THE RIGHT DIRECTION.

We are honoured to have been voted

‘The Best Private Bank – India’ at the Asset

Triple A Investment Awards 2011.

We thank our clients for their continued

trust and support.

*Barclays Wealth is the wealth management division of Barclays Group and operates through Barclays Bank PLC and its subsidiaries. These services are provided by Barclays entities licensed to provide such services in India. Barclays Securities (India) Private Limited. Registered office address: 208, Ceejay House, Shivsagar Estate, Dr. A. Beasant Road, Worli, Mumbai – 400 018.Tel: +91 22 67196363. SEBI Regn no: Merchant Banker INM000011195; PMS INP000002585; Stock Broker INB/INF 231292732 (NSE) and INB/INF 011292738 (BSE).

Our India Practice GroupAs an integral part of our work in Asia, Debevoise has a substantial India

Practice Group offering mergers & acquisitions, private equity and capital

markets experience in the Indian market. Led by partner Thomas Britt,

who has over 20 years of experience with India transactions, our India

practice team, based primarily in our Hong Kong and London offices,

works closely with our other offices around the world, tapping into the

global resources of the firm.

Clients in our India practice include major international investment

banks, private equity firms, international strategic investors and Indian

corporates looking to raise capital or acquire companies outside of India.

www.debevoise.com

Contacts:

Hong Kong

Thomas M. Britt III+852 2160 [email protected]

London

Geoffrey P. Burgess+44 20 7786 9075 [email protected]

Lord Goldsmith QC+44 20 7786 [email protected]

Guy Lewin-Smith+44 20 7786 [email protected]

New York

Michael J. Gillespie+1 212 909 [email protected]

connected

New YorkWashington, D.C.LondonParisFrankfurtMoscowHong KongShanghai

Debevoise_IBA_Mumbai_2012_v3.indd 1 1/4/2012 11:05:11 AM

LEADERS IN CROSS-BORDER TRANSACTIONSMilbank has assisted Indian companies and their lenders and underwriters in some of the most complex M&A and capital markets transactions and acquisition and project financings ever undertaken.

Beijing | Frankfurt | Hong Kong | London | Los Angeles | Munich | New York | São Paulo | Singapore | Tokyo | Washington, DC www.milbank.com

MILBANK, TWEED, HADLEY & MCCLOY LLP

Attorney Advertising. Prior results do not guarantee a similar outcome.

“Clients noted the firm’s 25 Latin American specialists’ broad and deep financial expertise, in tune with current market trends.’”. Chambers Global “I use Milbank when it really matters. I know to expect results, especially when my matters get difficult.” International Financial Law Review

“The group acts at the top level of the market in all of the key jurisdictions, including the USA, Africa, Latin America and Asia.” Chambers Global

“The caliber of the lawyers, from first year associate to seasoned partner, is incredible. To a one, they are well-versed in their respective areas of expertise, highly professional, and have a great deal of integrity.” Legal 500

“ Rather than being volume players, this international heavyweight’s strategy involves assisting both Indian and international clients with a handful of complex capital markets and M&A transactions. Telecoms, outsourcing and project finance are also core areas of focus.” Chambers Asia

WHAT OTHERS HAVE TO SAY ABOUT MILBANK

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