Shardul Amarchand Mangaldas & Co. Advises NXP Semiconductors Netherlands B.V. in Relation to Divestiture of Nexperia to A Consortium of Financial Investors

Shardul Amarchand Mangaldas & Co. acted as the legal advisor to NXP Semiconductors Netherlands B.V. in the multi-jurisdictional transaction involving divestiture of its standard products business, Nexperia, to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd. and Wise Road Capital LTD.  The value of the deal is USD 2.75 billion globally (approximately).

Shardul Amarchand Mangaldas & Co. advised NXP Semiconductors Netherlands B.V. on the India leg of the transaction.

The transaction team was led by Ms. Akila Agrawal, Partner, and included Mr. Mukul Sharma, Ms. Megha Bhargava, Principal Associates, Ms. Sumi Saikia, Senior Associate, Ms. Ananya Kulkarni, Mr. Akshay and Ms. Ritika Sinha, Associates.

The Employment Law team was led by Ms. Pooja Ramchandani, Partner; and included Mr. Vaibhav Bhardwaj, Senior Associate.

The Direct Tax team was led by Mr. Amit Singhania, Partner; and included Ms. Gouri Puri, Principal Associate. The Indirect Tax team was led by Mr. Sandeep Chilana, Partner; and included Ms. Ankita Bhasin, Senior Associate.

Other advisors to the transaction were De Brauw Blackstone Westbroek N.V. (lead counsel for the transaction on behalf of NXP) and Houthoff Buruma (represented the counterparties).

The deal was signed on June 14, 2016 and closed on February 7, 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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