SAM, Dua act on GIC’s 13.45% acquisition in CanFin Homes

Canara Bank has sold 13.45% stake in CanFin Homes Ltd to Singapore-based Caladium Investment Pvt Ltd, an affiliate of GIC, Singapore’s Sovereign Wealth Fund..DealCaladium Investment acquires 13.45% stake in Can Fin HomesValue₹753.77 croreSectorBankingDeal TypeM&ALaw FirmsDua Associates – Canara Bank; Shardul Amarchand Mangaldas– Caladium Investments/ GICHead/PartnersDua Associates- Srinivas B.R.,Karan Ajitsaria, Kunal Mehra; SAM- Raghubir Menon, Shweta Shroff Chopra, Aparna Mehra.Dua Associates advised Canara Bank through a team led by Partner Srinivas B.R. along with FEMA perspective provided by Partner Karan Ajitsaria. Partner Kunal Mehra advised on Competition law aspect along with Associates Churmathi M., Sharan Balasubramaniyam and Maitreyi Kannur..Shardul Amarchand Mangaldas advised GIC/ Caladium Investment through a team led by Partner Raghubir Menon along with Principal Associate Anirban Bhattacharya. Competition Law aspects were handled by a team led by Partners Shweta Shroff Chopra and Aparna Mehra along with Senior Associate Vivek Agarwal and Associate Geet Sawhney. Tax aspects were handled by Partner Amit Singhania along with Principal Associate Gouri Puri.