Manan specializes in mergers and acquisitions, joint ventures, private equity and corporate advisory, both in the listed and unlisted space and has represented several MNCs, corporates, investment and commercial banks, private equity funds, sovereign wealth funds, multilateral agencies and strategic corporate clients on a variety of domestic and cross-border transactions.
He regularly advises on corporate and complex commercial litigation matters. He has also advised several resolution applicants for acquisitions in the insolvency and bankruptcy space and has completed several successful resolution plans, some of which were the first in the country under the insolvency regime.
He has also advised several clients on capital market issuances, both debt and equity. He has advised several payment system providers for setting up payment systems in India and launching complex financial products.
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- Advised the Proximus Group, Belgium, to acquire a significant controlling stake in Route Mobile Limited and a follow-on investment by the promoters of Route Mobile Limited into Proximus Opal, Belgium.
- Advised the Greenko Group and Belgium’s John Cockerill Group to set up a joint venture for setting up two alkaline electrolyser factories of a gigawatt each in India for manufacturing low-cost hydrogen for industrial users.
- Advised the Tata Group on the INR 4,000 cr investment in Tata Power Renewables, which is engaged in production of renewable energy in India and overseas, in two equal tranches of INR 2,000 crore each by the Blackrock Real Assets led consortium, including Mubadala Investment Company.
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- Advised CA Emerald Investments, an entity controlled by Carlyle group, in its acquisition of 9% stake in SBI Life Insurance Company Limited from BNP Paribas Cardif.
- Advised the Greenko Group on several M&A mandates, including its acquisition of fixe project companies developing wind power projects in Karnataka and Andhra Pradesh from the Skeiron Group and two private equity investors, Olympus Capital Holdings Asia and Asia Climate Partners.
- Advised CLP India in their acquisition of 100% stake in three renewable power projects from Mahindra Renewables Private Limited.
- Advised OTPP in their investment of a significant minority stake in Mahindra Renewables Private Limited.
- Advised OTPP in their minority investments in Perfios Software Solutions Private Limited and BusyBees Logistics Solutions Private Limited.
- Advised Comstar Mauritius Limited for the sale of Comstar Automotive Technologies Private Limited and Comstar Automotive Hong Kong Limited to Singapore VII Topco III Pte. Ltd., a Blackstone entity.
- Advised Integrated Service Solutions Group, based out of Dubai, on several acquisitions in the Indian logistics space.
- Advised Amazon on its investment in Shuttl.
- Advised Chandrakant Rathi Innovations and Projects Private Limited for sale of 9.9% in Advanced Enzyme Technologies Limited to Orbimed Asia III Mauritius Limited and Orbimed Asia III Mauritius FVCI Limited.
- Advised the Indian Hotels Company Limited in their acquisition of the iconic Hotel Searock from the Nanda Group and several other joint ventures, collaborations in the hospitality space.
- Advised the Atha Group and a consortium of investors in their acquisition of Orissa Manganese and Minerals Limited and Adhunik Alloys and Power Limited under the IBC process.
- Advised Culross Opportunities Fund and Peter Beck und Partners in their successful bid for Sharon Bio-Medicine Limited under the IBC process.
- Advised Rentokil Initial Plc in their acquisition of PCI India and several other businesses in the hygiene and pest control space.
- Routinely advises JSW Group and Pallonji Group on corporate commercial matters.
- Routinely advises Pallonji Group for acquisition of shipping vessels and government contracts for dredging and ancillary port services.
- Routinely advices OTPP and other Canadian pension funds for various investments in India.
- Routinely advices the Hiranandani Group on their joint ventures in the logistics space.
- Routinely advices the JSW Group on several corporate / commercial matters.
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