JSA, SAM act on Blackstone's acquisition of 50% stake in Indiabulls' subsidiaries

Bar & Bench March 28 2018

Blackstone Group is buying 50% stake in two subsidiaries of developer Indiabulls Real Estate at an enterprise value of Rs 9,500 crore (around $1.46 billion), making it one of the biggest private equity deals in Indian real estate.

J. Sagar Associates acted for Indiabulls and the team was led by Partners Lalit Kumar and Namita Bahri along with Principal Associate Bharat Bhushan Sharma and Associate Amandeep Singh Virk. The due diligence team included Principal Associate Bharati Joshi and Associate Tanisha Bhatia.

The competition law aspects were advised by . . .

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