Dentsu Aegis Network, a global digital marketing communications company, has acquired SVG Media in an all-cash transaction in one of the largest buyout deals in the space in India, reported ET..London-headquartered Dentsu has reportedly paid $110-$125 million (Rs 832-Rs 732 crore) to buy SVG Media. The transaction gives the promoters of SVG Media, the Smile Group and Xplorer Capital, which held about 30%-35% in the company, a handsome exit..DSK Legal advised Dentsu Aegis Network with a team led by Associate Partner Pritha Jha along with Sanket Jain and Pracheta Redhu..Vaish Associates acted for Smile Group and the team included Partner Satwinder Singh along with Senior Associate Kalpit Khandelwal and Megha Sharma..AZB & Partners advised Xplorer Capital with a team led by Partner Daksh Trivedi along with Senior Associate Ankit Tandon.
Dentsu Aegis Network, a global digital marketing communications company, has acquired SVG Media in an all-cash transaction in one of the largest buyout deals in the space in India, reported ET..London-headquartered Dentsu has reportedly paid $110-$125 million (Rs 832-Rs 732 crore) to buy SVG Media. The transaction gives the promoters of SVG Media, the Smile Group and Xplorer Capital, which held about 30%-35% in the company, a handsome exit..DSK Legal advised Dentsu Aegis Network with a team led by Associate Partner Pritha Jha along with Sanket Jain and Pracheta Redhu..Vaish Associates acted for Smile Group and the team included Partner Satwinder Singh along with Senior Associate Kalpit Khandelwal and Megha Sharma..AZB & Partners advised Xplorer Capital with a team led by Partner Daksh Trivedi along with Senior Associate Ankit Tandon.