Akila Agrawal

Senior Partner

people

Akila has over 20 years of experience in matters pertaining to mergers & acquisitions, joint ventures, corporate restructuring and general corporate advisory.

membership

Qualifications

  • 1999 B.A.,L.L.B (Hons), National Law School of India University, Bengaluru
expertise

Expertise

Practice Areas

  • General Corporate

Sectors

  • IT/ITES
  • E-Commerce
  • Financial Services
  • Media & Entertainment
  • Food & Beverage
  • Pharmaceuticals, Healthcare & Life Sciences

She has extensively handled acquisitions, disposals, takeover offers, delisting offers, commercial contracts, and SEBI related matters. She specialises in public M&A. Akila has considerable national and international experience having served several significant clients across a broad range of industries and sectors.

Relevant Representation

  • Oracle Corporation on the acquisition of 43% stake in iFlex Solutions Limited.
  • FedEx Corporation on its acquisition of Prakash Air Freight Private Limited and AFL Private Limited.
  • The Government appointed board of Satyam Computer Services Limited on the public bid and sale of majority stake in the company to Tech Mahindra.
  • Fresenius Kabi in its acquisition of Dabur Pharma Limited, parental drugs business of Goa Formulations Limited and the India businesses of Fenwal Inc; sale of its sterile manufacturing business to Puniska Injectables.
  • GE in its delisting offer of GE Transportation Financial Services; transfer of their loan assets portfolio to Shriram Transport Finance; investment in Birla Soft Limited; spin-off of its global engineering division and sale of its security business to UTC; and transfer of its nuclear business in India to EDF.
  • Alstom SA and Schneider Electric in its indirect acquisition of Areva India and their joint open offer to the public shareholders of Areva India; and global sale of Alstom’s thermal power business to GE.
  • Siemens AG in connection with its voluntary open offer to the public shareholders of Siemens India Limited.
  • Citigroup and DSP Merrill Lynch, on the buy-back offer made by Reliance Industries Limited.
  • PVR Limited in its acquisition of Cinemax India and consequent mandatory tender offer; acquisition of DT Cinemas; the sale of shares by Mr. Bijli to Warburg Pincus; and the sale of their BluO Entertainment business to Smaash Entertainment Limited.
  • DLF Limited in the sale of 40% promoter stake in its commercial real estate arm to GIC Singapore; DLF Brands in the transfer of its Mother’s Pride, Lens Crafters and Sunglass Hut businesses to Reliance Retail.
  • The Coca-Cola Company in its M&A transactions in India.
  • Mastercard in relation to its investment in Pine Labs Pte. Ltd.
  • Persistent System in its acquisition of MediaAgility India, Shree Infosoft and Data Glove IT Solutions.
  • The Promoters of ZEE Entertainment in the offloading of their stake to Oppenheimer Fund and other investors through off-market and on-market transactions.
  • Philips India Limited in the demerger of its lighting business; Philips KPNV in the demerger and sale of its domestic appliances business to Hillhouse Capital;
  • Signify in its acquisition of the global lighting business of Eaton Corporation
  • Escorts Limited in its strategic venture with Kubota Corporation.
  • Sanmina Corporation in its joint venture with Reliance.
  • Azim Premji Trust in its various investments in India.
  • Principal Group in transfer of its mutual funds business to Sundaram Mutual Funds.
  • Krafton, Inc. in its investments in Talent Unlimited (Bobble), Nasadiya Technologies, Nautilus Mobile App and Mebigo Labs.
  • Evosys Group in selling its middle eastern business to Mastek UK Limited.
  • eClerx LLC in its acquisition of Eclipse Global Holdings.
  • Allen Career Institute Private Limited in its strategic venture with Bodhi Tree Systems.
  • Alghanim Industries in the sale of its stake in Rockwool India Private Limited to Saint-Gobain India Private Limited.
  • Lear Corporation in its acquisition of the India business of Kongsberg Automotive.
  • Pernod Ricard India in its minority acquisition in Aarti Distilleries.
  • Stone Point LLC in its acquisition of Duff & Phelps.
  • V-Guard Industries in its acquisition of Sunflame Enterprises
  • Aetna entities (part of the CVS group) on their exit from Indian Health Organization Private Limited.

Awards & Recognition

  • Consistently ranked in Chambers & Partners Global and Chambers Asia Pacific for Corporate and M&A practice for several years
  • IFLR1000 has consistently named her a ‘Notable Practitioner’ for M&A; Private Equity for several years
  • AsiaLaw leading lawyers has for several years featured Akila as a ‘Distinguished Practitioner’ for Corporate M&A
  • Who’s Who Legal India has consistently named her as a global leader and thought leader in M&A and Governance for several year

Memberships

  • Asia Pacific Regional Forum Liaison Officer, Women Lawyers’ Committee, International Bar Association
  • Enrolled with the Bar Council of Delhi, India
  • Member of the Supreme Court Bar Association

Qualifications

  • 1999 B.A.,L.L.B (Hons), National Law School of India University, Bengaluru
expertise

Expertise

Practice Areas

  • General Corporate

Sectors

  • IT/ITES
  • E-Commerce
  • Financial Services
  • Media & Entertainment
  • Food & Beverage
  • Pharmaceuticals, Healthcare & Life Sciences