May 24, 2024
The deal amount is valued at ₹3.88 billion ($46.5 million).
New York Life Insurance Company has acquired a 49% stake in Max Estates’ SPV – Max Towers Private Limited and Pharmax Corporation Limited for ₹3.88 billion ($46.5 million).
AZB & Partners advised Max Estates Limited, Max Towers Private Limited and Pharmax Corporation Limited on this transaction.
The transaction team consisted of Anil Kasturi (Senior Partner), Abhishek Awasthi (Senior Partner), Anisha Shridhar (Partner) and Purvi Lhila (Senior Associate).
Max Towers also houses prominent law firms such as Cyril Amarchand Mangaldas and Khaitan & Co as their NCR headquarters.
Write to us at deals@lawwiser.com
November 15, 2024
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