Allen & Gledhill has advised Singapore Airlines on the issue of US$500 million 5.25 percent notes due 2034, under its S$10 billion (US$7.34b) multicurrency medium term note programme. Partners Margaret Chin and Sunit Chhabra led the firm’s team in the transaction.
Allen & Gledhill has also advised venture capital firm Wavemaker Pacific 5 on leading a series seed round investment in Staple AI, a Singapore-based artificial intelligence start-up which is developing software to automate data processing, reconciliation and analysis using AI and machine learning. Partner Nicholas Soh led the firm’s team in the transaction.
Moreover, Allen & Gledhill has advised venture capital firm Wavemaker Pacific 5 on leading the Series A round of investment in Aliena, a Singapore-based space-tech start-up which is developing ultra-low power electric propulsion systems for small satellite platforms. Partner Nicholas Soh also led the firm’s team in the transaction.
AZB & Partners has advised Route Mobile founders Rajdipkumar Chandrakant Gupta and Sandipkumar Chandrakant Gupta and family on the Rs25.93 billion (US$311m) acquisition of stake in Route Mobile by Proximus Opal. Partners Vaidhyanadhan Iyer, Roxanne Anderson and Devika Nayak led the firm’s team in the transaction, which was completed on April 12, 2024.
AZB & Partners has also advised Lighthouse India Fund IV AIF and Lighthouse India Opportunities on their Rs7 billion (US$84m) acquisition of stake in Parsons Nutritionals. Partners Ananya Sharma and Alpesh Parekh led the firm’s team in the transaction, which was completed on March 28, 2024.
Moreover, AZB & Partners has advised FabIndia and Organic India on the Rs19 billion (US$228m) acquisition of Organic India by Tata consumer Products from FabIndia. Partners Anil Kasturi and Anisha Shridhar led the firm’s team in the transaction, which was completed on April 16, 2024.
Baker McKenzie has advised multinational automotive company Chery Automobile on its joint venture agreement with EV Motors (Ebro) for the assembly, sales and distribution of vehicles in Spain. The vehicles will be produced at the former Nissan factory in Barcelona, making Chery the first Chinese company in the sector to open a factory in Europe. Beijing partner Stanley Jia, supported by Barcelona partner Cristina Rios, led the firm’s cross-border team in the transaction.
