ARTICLE
25 June 2024

Induslaw Deal Report - UBS Securities India Private Limited

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CMS INDUSLAW

Contributor

CMS INDUSLAW is a top-tier full-service law firm and the 7th largest in India* with offices in Bengaluru, Chennai, Delhi, Gurugram, Hyderabad and Mumbai, which give it a pan-India presence. With more than 400 lawyers committed to client service, CMS INDUSLAW advises clients globally on Indian law. CMS INDUSLAW supports its clients’ transactional goals, business strategies and regulatory and dispute resolution needs. The CMS INDUSLAW team collaborates across practice areas, sectors and locations, navigating legal complexities and resolving legal issues efficiently for its clients.
We advised UBS Securities India Private Limited in relation to a stake sale in PNB Housing Finance Limited by Asia Opportunities V Limited and General Atlantic Singapore Fund FII Pte Ltd through a block deal.
India Law Department Performance

Our Firm advised UBS Securities India Private Limited in relation to a stake sale in PNB Housing Finance Limited by Asia Opportunities V (Mauritius) Limited and General Atlantic Singapore Fund FII Pte Ltd through a block deal.1

Deal amount: INR 8.3 billion/ USD 100 million

INDUSLAW team: Manshoor Nazki (Partner) and Ayushi Tiwari (Associate)

Other law firms involved: Allen and Overy Shearman Sterling LLP – US counsel for Broker

Footnote

1 https://economictimes.indiatimes.com/markets/stocks/news/general-atlantic-asia-opportunities-v-to-sell-4-stake-worth-rs-830-crores-in-pnb-housing-finance/articleshow/111114243.cms?from=mdr

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