Indian Law Partners (ILP) and Ashurst acted for Japan Bank for International Cooperation (JBIC) in JBIC’s Rs.63 crore investment in Takshasila Hospitals by subscribing for compulsorily convertible preference shares..The ILP team was led by Partners Piyoosh Gupta and Gaurav Wahie along with Associate Vaibhav Bhardwaj..The Ashurst team was led by Tokyo based Partner Mark Davies along with Counsel Arabella Dove and Associate Elaine Yik..JSA acted for Takshila Hospitals, which is jointly operated by three investors — Secom Medical System, Toyota Tusho Corporation and Kirloskar Group..This is the first time JBIC is investing in the medical business, reports Business Standard.
Indian Law Partners (ILP) and Ashurst acted for Japan Bank for International Cooperation (JBIC) in JBIC’s Rs.63 crore investment in Takshasila Hospitals by subscribing for compulsorily convertible preference shares..The ILP team was led by Partners Piyoosh Gupta and Gaurav Wahie along with Associate Vaibhav Bhardwaj..The Ashurst team was led by Tokyo based Partner Mark Davies along with Counsel Arabella Dove and Associate Elaine Yik..JSA acted for Takshila Hospitals, which is jointly operated by three investors — Secom Medical System, Toyota Tusho Corporation and Kirloskar Group..This is the first time JBIC is investing in the medical business, reports Business Standard.