Goodwin has advised New York-listed Catcha Investment, a publicly traded special purpose acquisition company, on its definitive agreement with Crown LNG Holdings, for a business combination that would result in Crown becoming a US publicly listed company. The combined company, which will have a pro forma implied enterprise value of approximately US$685 million, intends to apply to list its shares in New York. Crown LNG Holdings is a leading provider of offshore LNG liquefaction and regasification terminal technologies for harsh weather locations. Catcha Investment was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Catcha is sponsored by Catcha Group, one of the earliest and most established new economy-focused investment groups in Southeast Asia and Australia. Hong Kong private equity partners Daniel Dusek, Douglas Freeman and Victor Chen, Boston partner Jocelyn Arel and New York partner Jeffrey Letalien (capital markets / SPACs) and Boston partner Daniel Karelitz (tax) led the firm’s team in the transaction, which is expected to be completed in the fourth quarter of 2023. JSA has advised the shareholders, including Mr Sanjeev Fadnavis, (as the sellers) and Nitor Infotech, on the acquisition of a 100 percent stake in Nitor by Ascendion Engineering (Ascendion India). A leading software product development company in India, Nitor provides software product development and platform development services to its clients that are independent software vendors, platforms and enterprises. Nitor’s services include UI/UX, architecting, design and development, quality engineering and test automation, data engineering, cloud engineering and DevOps services. Ascendion India is a part of the New Jersey-based Ascnedion group, a leading technology company in the US....

Allen & Gledhill has acted as transaction counsel, together with its Malaysia associate firm Rahmat Lim & Partners, to Malayan Banking Singapore Branch (Maybank) on the S$200 million (US$149m) Islamic term facility extended by Maybank to Multi Wealth (Singapore), based on the Shariah concept of Murabahah (via a Tawarruq arrangement). Multi Wealth is a wholly-owned subsidiary of IOI Properties Group. The facility is to finance, among others, its equity investments in connection with a real estate development in Singapore. Partner Aloysius Ng, with partner Kelvin Loh of Rahmat Lim & Partners, led the firm’s team in the transaction. Allen & Gledhill has also acted as transaction counsel to venture capital firm Wavemaker Pacific 4 on leading the Series Pre-A extension round investment in Tessaract.io, a Singapore-headquartered, cloud-based, business management software that automates work processes, and helps companies track and manage various workflows, such as project tasks, sales leads, customer relationships and accounting. Partner Nicholas Soh led the firm’s team in the transaction. Moreover, Allen & Gledhill, has acted as transaction counsel to venture capital firm Wavemaker Group on leading a series seed round investment in Tiger Energy, which owns the first and largest battery swapping network in Bangladesh with end-to-end production and recycling capabilities, providing energy solutions for various industries, such as automotives and manufacturing. Partner Nicholas Soh also led the firm’s team in the transaction. AZB & Partners is advising KKR & Co on the approximately Rs80 billion (US$966m) acquisition, via KKR fund North America Fund XIII, of the global Engineering Solutions business of S&P Global and the acquisition of the Indian Engineering Solution assets, through KKR Indian entity Allium Solutions India....

Ashurst has acted as international counsel to CITIC Securities International, as the guarantor, on the successful issuance by its wholly-owned subsidiary, CSI MTN, of Rmb2.5 billion (US$348.3m) 3.1 percent guaranteed notes due 2026. This issuance was a drawdown under CSI MTN’s US$3 billion medium-term note programme, for which CITIC Securities International acted as guarantor. The notes were listed in Hong Kong. This transaction sets the record for the lowest interest rate for dim sum bond public offerings by Chinese non-bank financial institutions in 2023. This issuance follows the firm’s representation of CITIC Securities International, as guarantor, on the establishment of CSI MTN’s US$3 billion medium-term note programme and the first US dollar-denominated drawdown thereunder in 2022. Global finance, funds and restructuring co-head partner Jini Lee, supported by partner Jessica Li, led the firm’s team in the transaction. AZB & Partners is advising Jayem Automotives on the approximately Rs2.06 billion (US$25m) acquisition of Jayem Automotives’ 50 percent equity stake by TI Clean Mobility from Mr Anand Jayachandran, Mr B Jayachandran, Mr K Ganesh and K&S Consulting Group. Partners Srinath Dasari and Nanditha Gopal are leading the firm’s team in the transaction, which was signed on July 03, 2023 and is yet to be completed. AZB & Partners is also advising TA Associates on the acquisition of a majority stake by BPEA EQT entity Zonnebaars Netherlands in Indira IVF Hospital from TA Asia Pacific Acquisitions, a TA Associates entity. Partners Darshika Kothari and Vasudha Asher are leading the firm’s team in the transaction, which was signed on July 28, 2023 and is yet to be completed. Moreover, AZB & Partners has...

AZB & Partners has advised Mumbai City FC and its founder shareholders on the acquisition of 65 percent majority stake by City Football Group in Mumbai City FC. Partners Ashwath Rau, Kashish Bhatia and John Adwet Raghav led the firm’s team in the transaction, which was completed on March 31, 2023. AZB & Partners is also advising Aegon India Holding on the acquisition of 56 percent equity stake by Bandhan Financial Holdings of Aegon Life Insurance from Aegon India Holding. Partners Darshika Kothari, Nandish Vyas and Kritika Agarwal, supported by partner Aditya Singh Chandel, are leading the firm’s team in the transaction, which was signed on July 20, 2023 and is yet to be completed. Moreover, AZB & Partners is advising Internet Fund III, a fund managed by Tiger Global Management, as one of the sellers, on the Rs900 million (US$11m) acquisition of 100 percent shareholding of Nestaway Technologies by Aurum PropTech. Partners Ashwath Rau, Srinath Dasari, Nanditha Gopal and Aditya Singh Chandel are leading the firm’s team in the transaction, which was signed on June 28, 2023 and is yet to be completed. Further, AZB & Partners is advising Krosaki Harima Corporation on the approximately Rs1.1 billion acquisition of stake by Bajoria Financial Services in IFGL Refractories from Krosaki Harima. Partners Rajendra Barot and Prerak Ved are leading the firm’s team in the transaction, which was signed on July 11, 2023 and is yet to be completed. Cyril Amarchand Mangaldas has acted as Indian regulatory change of control counsel for UBS Group on the indirect acquisition of Credit Suisse entities in India, pursuant to the merger of Credit Suisse Group into UBS Group....

Allen & Gledhill has advised Harmony Convention Holding on the facility agreement entered into with a group of lenders for the S$388 million (US$292.6m) loan facilities to be made available to Harmony Convention Holding. The proceeds of the facilities will be used, among other purposes, for the refinancing of Harmony Convention Holding’s existing loan facility. Partners Jafe Ng and Ong Kangxin led the firm’s team in the transaction. AZB & Partners is advising IDFC FIRST Bank on its Rs196.91 billion (US$2.4b) acquisition of IDFC. Partners Zia Mody, Ashwath Rau, Vipul Jain and Aditya Alok are leading the firm’s team in the transaction, which was signed on July 3, 2023 and is yet to be completed. AZB & Partners is also advising Air India on its approximately Rs5.8 trillion (US$70.6b) acquisition and purchase of 470 widebody and narrowbody aircraft from Airbus SAS and The Boeing Company. Partner Anand Shah is leading the firm’s team in the transaction, which was signed on June 20, 2023 and is yet to be completed. Moreover, AZB & Partners has advised FIH Mauritius Investments (Fairfax) on its more than US$50 million sale of stake in 360 One WAM (erstwhile known as IIFL Wealth Management). Partners Darshika Kothari and Divya Mundra led the firm’s team in the transaction, which was completed on May 18, 2023. Baker McKenzie has advised Gaw Capital Partners on the structuring, formation and successful closing of its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII, which raised US$3 billion in total equity (including sidecar co-investments). Gateway Real Estate Fund VII focuses on real estate opportunities, including office, retail, hospitality,...