Khaitan & Co advised Nippon Life Insurance Company on the deal. JM Financial Limited acted as financial advisor to Reliance Capital.
Nippon Life Insurance Company executed the acquisition from Reliance Capital Limited (RCL) of Reliance Capital’s 43% interest in Reliance Nippon Life Asset Management
Nippon Life Insurance Company, together with its subsidiaries, engages in the insurance and insurance-related businesses in Japan and internationally.
Reliance Nippon Life Asset Management Limited is a publicly owned investment manager. The firm manages mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity markets.
Khaitan & Co advised Nippon Life Insurance Company with Niren Patel (Picture), Aravind Venugopal, Yashashree Mahajan, Gargi Bohra, Sudhir Bassi, Arindam Ghosh, Aditya Cheriyan, Murugaveni Pillai, Nirali Trivedi, Soumya Mohapatra, Navodita Gupta, Shashank Patil and Tanish Gupta.
Involved fees earner: Sudhir Bassi – Khaitan & Co.; Aditya Cheriyan – Khaitan & Co.; Arindam Ghosh – Khaitan & Co.; Soumya Mohapatra – Khaitan & Co.; Niren Patel – Khaitan & Co.; Aravind Venugopal – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: Nippon Life Insurance Company;