Media & Events
Shardul Amarchand Mangaldas advises Macquarie Capital in its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel)
May 15, 2023
Shardul Amarchand Mangaldas & Co. advised Macquarie Capital, the corporate advisory, capital markets, and principal investment arm of Macquarie Group, in its acquisition of majority stake in Excel Telesonic India Private Limited (CloudExtel), a leading Network as a Service (NaaS) provider in India.
Shardul Amarchand Mangaldas & Co. advised on all the aspects of the transaction from Indian law perspective including transaction structuring, documentation, due diligence, telecom regulatory and anti-bribery and anti-corruption law advice.
The team at Shardul Amarchand Mangaldas & Co. advising on this transaction comprises the following.
Transaction team – Jay Gandhi – Partner, Amruta Kelkar – Partner, Akshath Vidyanath – Senior Associate and Yashvardhan Mittal – Associate.
Allen & Overy, Singapore advised Macquarie Capital on international law aspects.
