Shardul Amarchand Mangaldas & Co. Advises in Relation to Bulk Trade of Apollo Hospitals Shares by Integrated (Mauritius) Healthcare Holdings

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.

About Shardul Amarchand Mangaldas & Co.

Founded in 2015, Shardul Amarchand Mangaldas & Co., is one of India’s leading law firms rated by International organisations, law directories and professional journals. As a full service law firm, it is renowned in the business community for its ability to enable business, its innovative solutions, its responsiveness and collaboration with its clients. The Firm continues its journey as “a young and wise firm” with a legacy of 100 years.

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