New Delhi | Mumbai, India: Shardul Amarchand Mangaldas advised in relation to the bulk trade by Integrated (Mauritius) Healthcare Holdings Limited (“IHH”) (owned by Khazanah Nasional Berhad) in shares of Apollo Hospitals Enterprise Limited. As a part of the transaction, IHH sold over 6% stake in Apollo Hospitals Enterprise Limited, for US$ 160 million, through an accelerated bookbuild, with the Deutsche Bank Group acting as the sole bookrunner.
The Capital Markets team of Shardul Amarchand Mangaldas advised the Deutsche Bank Group on this transaction. The team was led by Ms. Manjari Tyagi, Partner and included Ms. Ishita Kashyap, Associate.
Other legal advisors involved in the transaction were Herbert Smith Freehills LLP (International legal counsel to Deutsche Bank Group) and Desai & Diwanji (Indian legal counsel to IHH).
The trade was undertaken on March 3, 2017.
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