Cyril Amarchand Mangaldas advised BREP Asia SG L&T Holding (NQ) Pte. Ltd., BREP Asia SG DRPL Holding (NQ) Pte. Ltd., BREP Asia II Indian Holding Co IV (NQ) Pte. Ltd., and BREP Asia II Indian Holding Co VII (NQ) Pte. Ltd. (“Blackstone Entities”) on the offer for sale (“OFS”) of 1,110,000,000 units of the Knowledge Realty Trust (“Trust”) through the stock exchange mechanism, for an amount aggregating to approximately INR 12,000 crores (approximately USD 1.3 billion). This transaction was Blackstone’s first OFS in India and was also the largest OFS in India’s private sector.
The transaction was led by Janhavi Manohar, Partner; with support from Ankesh Kumar, Senior Associate; and Sanjana Prasad, Associate.
