Qatar-based Doha Bank is acquiring the Indian banking business of HSBC Bank Oman, which is an indirect 51 per cent owned subsidiary of HSBC Holdings plc..Amarchand Mangaldas is acting for Doha Bank with a team led by Mumbai Corporate Partner Gurpreet Vasir Ashar..Bharucha & Partners is advising HSBC Bank Oman with a team led by Senior Partner Alka Bharucha along with Senior Associate Siddharth Manchanda and Associate Swathi Girimaji..Norton Rose is acting as UK legal counsel for HSBC Bank Oman with Partner Richard Crosby along with Senior Associate Jyoti Singh..The business being acquired by Doha Bank consists of two branches and gross assets of Rs. 350 crore ($58 million) as on December 31, 2013, reports VCCircle.
Qatar-based Doha Bank is acquiring the Indian banking business of HSBC Bank Oman, which is an indirect 51 per cent owned subsidiary of HSBC Holdings plc..Amarchand Mangaldas is acting for Doha Bank with a team led by Mumbai Corporate Partner Gurpreet Vasir Ashar..Bharucha & Partners is advising HSBC Bank Oman with a team led by Senior Partner Alka Bharucha along with Senior Associate Siddharth Manchanda and Associate Swathi Girimaji..Norton Rose is acting as UK legal counsel for HSBC Bank Oman with Partner Richard Crosby along with Senior Associate Jyoti Singh..The business being acquired by Doha Bank consists of two branches and gross assets of Rs. 350 crore ($58 million) as on December 31, 2013, reports VCCircle.
