India: AZB acts on Byju’s $1 bln fundraising round

BY Aparna Sai |

AZB & Partners has advised SLP Beta Cayman (Silver Lake) as one of the investors in Indian online learning platform Byju’s $1 billion fundraising round, which values the company at $15 billion.

White & Case represents Panasonic on largest acquisition in a decade

BY Aparna Sai |

White & Case has advised Japan’s Panasonic Corporation on the purchase of the remaining 80 percent of U.S. supply-chain software company Blue Yonder for $5.6 billion.

Skadden advises HR firm on biggest Japan IPO since 2018

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom has counselled human resources firm Visional Inc. on its 66.88-billion-yen ($618 million) IPO on the Tokyo Stock Exchange Mother’s market.

CAM, IndusLaw, Sidley act on Indian real estate firm’s $331 mln IPO

BY Aparna Sai |

Cyril Amarchand Mangaldas has represented Indian real estate company Macrotech Developers on its 25-billion-rupee ($331 million) IPO on the BSE and NSE, with IndusLaw and Sidley Austin advising the lead managers.

Skadden, Latham act on Trip.com’s $1.09 bln secondary listing

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom and Commerce & Finance Law Offices have counselled travel website Trip.com on its $1.09 billion secondary listing on the Hong Kong Stock Exchange, with Latham & Watkins and Jingtian & Gongcheng advising the joint sponsors and the underwriters.

Induslaw advises India unicorn Mohalla Tech on $502 mln funding round

BY Aparna Sai |

IndusLaw has counselled Indian company Mohalla Tech, which owns social media platform ShareChat and short video app Mo, on its $502 million fundraising round. The funding values Mohalla Tech at $2.1 billion.

SAM, Khaitan act on $1 bln Indian education deal

BY Aparna Sai |

Shardul Amarchand Mangaldas has advised Indian online learning platform Byju’s on its $1 billion acquisition of Blackstone-backed Indian tutor Aakash Educational Services, which was represented by Khaitan & Co. Trilegal counselled Blackstone.

Skadden, Hughes Hubbard advise Singapore’s Grab on world’s biggest SPAC merger

BY Aparna Sai |

Skadden, Arps, Slate, Meagher & Flom and Hughes Hubbard & Reed have advised Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, on its agreement to merge with special-purpose acquisition company (SPAC) Altimeter Growth Corp.

Asia Deals: Week of April 12

BY Rowena Muñiz |

Host of firms on Mohalla Tech’s $502 mln funding round, Skadden on freee K.K.'s $329 mln follow-on equity offering, and much more in this week’s Asia Deals table.

AZB acts on Wipro’s $1.45 bln acquisition of UK firm

BY Aparna Sai |

AZB & Partners has counselled Indian software giant Wipro on its $1.45 billion acquisition of UK consultancy Capco.

CAM, Sidley, Trilegal act on Godrej Properties’ $518 mln QIP

BY Aparna Sai |

Cyril Amarchand Mangaldas has advised Godrej Properties on its 37.5-billion-rupee ($518 million) qualified institutional placement (QIP), with Sidley Austin and Trilegal representing the bookrunning lead managers.

Khaitan, Trilegal, SPB advise on India’s largest QIP this year

BY Aparna Sai |

Khaitan & Co has advised India’s Bank of Baroda on its 45-billion-rupee ($622 million) qualified institutional placement (QIP), with Trilegal and Squire Patton Boggs representing the bookrunning lead managers.