Shardul Amarchand Mangaldas & Co. advised Blackstone Group on the deal, while Trilegal represented Piramal.
Blackstone Group Inc. (Blackstone) completed the acquisition of the glass packaging business of Piramal Glass Private Limited and its shareholding in certain subsidiaries and Vivid Glass Trading FZCO & the acquisition of certain businesses of Ansapack Private Limited. The deal is valued at 1 billion USD.
The Shardul Amarchand Mangaldas team was led by Partner Gauri Chhabra (Picture); Sagarika Parab, Associate; Nicky Collins, Associate; Eesha Sheth, Associate and Ujwala Kishore, Associate.
The Trilegal team was led by Partners: Sridhar Gorthi and Harsh Maggon; Counsel: Ankit Kejriwal; Senior Associate: Jenisha Parikh; Associates: Mahima Priyani, Jyotsana Singh and Rutvij Naik. Due Diligence: Counsel: Ankit Kejriwal; Principal Consultant: Rajesh Modani; Senior Associates: Jenisha Parikh and Rahul Mishra; Associates:, Jagata Swaminathan, Rutvij Naik, Bhargavi Mahajan, Malika Grewal, Saumya Satwara, Nehal Binani and Suchisubhra Sarkar; Consultants:, Ansif Latheef, Nikita Shrimal and Monik Damania. Competition Partner: Nisha Kaur Uberoi; Counsel: Akshay Nanda; Senior Associate: Rishabh Juneja; Associates: Simran Kathuria, Srilatha Jayaraman and Sruti Sivasubramanian. Labour and Employment Partner: Atul Gupta; Senior Associate: Kanishka Maggon; Associate: Ishani Sharma. and Real Estate Partner: Rahul Arora; Associate: Neha Vijayvargi.
Involved fees earner: Gauri Chhabra – Shardul Amarchand & Mangaldas & Co.; Nicky Collins – Shardul Amarchand & Mangaldas & Co.; Ujwala Kishore – Shardul Amarchand & Mangaldas & Co.; Sagarika Parab – Shardul Amarchand & Mangaldas & Co.; Eesha Sheth – Shardul Amarchand & Mangaldas & Co.; Rahul Arora – Trilegal; Nehal Binani – Trilegal; Sridhar Gorthi – Trilegal; Malika Grewal – Trilegal; Atul Gupta – Trilegal; Srilatha Jayaraman – Trilegal; Rishabh Juneja – Trilegal; Simran Kathuria – Trilegal; Ankit Kejriwal – Trilegal; Harsh Maggon – Trilegal; Kanishka Maggon – Trilegal; Bhargavi Mahajan – Trilegal; Rahul Mishra – Trilegal; Rajesh Modani – Trilegal; Rutvij Naik – Trilegal; Akshay Nanda – Trilegal; Jenisha Parikh – Trilegal; Mahima Priyani – Trilegal; Suchisubhra Sarkar – Trilegal; Saumya Satwara – Trilegal; Ishani Sharma – Trilegal; Jyotsana Singh – Trilegal; Sruti Sivasubramanian – Trilegal; Jagata Swaminathan – Trilegal; Nisha Kaur Uberoi – Trilegal; Neha Vijayvargi – Trilegal;