Manulife’s $35 Million Acquisition of 49% stake in Mahindra AMC.


Khaitan & Co advised Mahindra and Mahindra Financial Services Limited and Mahindra Asset Management Company Private Limited on the deal

Manulife finalized a joint venture with Mahindra Asset Management Company (AMC), which would entail the former buying 49 per cent stake in the latter for $35 million.

Manulife Financial Corporation, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the United States.

Khaitan & Co advised Mahindra and Mahindra Financial Services Limited and Mahindra Asset Management Company Private Limited. with a team including Siddharth Shah (Picture), Divaspati Singh, Pavi Jain and Rahul Chandramouli (M&A), Anisha Chand, Soham Banerjee, and Rahul Chandramouli (Antitrust), Arindam Ghosh and Mohit Maheshwari (Regulatory)

Involved fees earner: Anisha Chand – Khaitan & Co.; Arindam Ghosh – Khaitan & Co.; Siddharth Shah – Khaitan & Co.; Divaspati Singh – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Mahindra & Mahindra Financial Services Limited; Mahindra Asset Management Company Private Limited;