Private Equity major Blackstone is selling its 13% equity stake in Pune-based pharmaceutical Emcure Pharmaceuticals to Bain Capital. Blackstone is selling its stake for Rs. 650 crore, according to ET..The Delhi office of AZB & Partners advised Bain Capital with a team led by Partner Anil Kasturi along with Senior Associate Niladri Maulik while the Mumbai office of AZB & Partners advised Blackstone with Mumbai Partner Shuva Mandal..Simpson Thatcher acted as International legal counsel for Blackstone with a team led by Partner Mark Pflug.Kirkland & Ellis acted as International legal counsel for Bain Capital. The Kirkland team was led by Partner Srinivas Kaushik..ALMT Legal advised Emcure with a team led by Partner Hitesh Jain..Blackstone had invested Rs 226 crore in Emcure through convertible shares and held 13.09 per cent stake, reports VCCircle.
Private Equity major Blackstone is selling its 13% equity stake in Pune-based pharmaceutical Emcure Pharmaceuticals to Bain Capital. Blackstone is selling its stake for Rs. 650 crore, according to ET..The Delhi office of AZB & Partners advised Bain Capital with a team led by Partner Anil Kasturi along with Senior Associate Niladri Maulik while the Mumbai office of AZB & Partners advised Blackstone with Mumbai Partner Shuva Mandal..Simpson Thatcher acted as International legal counsel for Blackstone with a team led by Partner Mark Pflug.Kirkland & Ellis acted as International legal counsel for Bain Capital. The Kirkland team was led by Partner Srinivas Kaushik..ALMT Legal advised Emcure with a team led by Partner Hitesh Jain..Blackstone had invested Rs 226 crore in Emcure through convertible shares and held 13.09 per cent stake, reports VCCircle.