Bloomberg has released its latest report on M&A activity in the Asia Pacific region for the first half of 2014. As per the report, the two Indian law firms to make it to Asia Pacific (Ex-Japan) league table by deal count are Amarchand Mangaldas, and AZB & Partners. Both firms are ahead of Linklaters, Skadden & Arps, and Clifford Chance.
Amarchand Mangaldas is ranked 9th with a total market share of 2.6% and a deal volume of $8.8 billion from 29 deals. AZB & Partners is ranked 10th with a market share of 1.6% with a total deal volume of $5.4 billion from 28 deals.
India M&A League Tables
Amarchand Mangaldas tops the India M&A league tables both by volume and deal count by advising on 29 deals worth $8.8 billion and with a market share of 38.1%.
By Value
Crawford Bayley, Luthra & Luthra and SH Bathiya & Co are jointly ranked 4th with 1 deal (Sun Pharmaceutical Industries acquisition of Ranbaxy Laboratories) valued at $4.08 billion and are ahead of AZB & Partners which is ranked 9th with 26 deals valued at $3.07 billion followed by S&R Associates at 10th position with 3 deals valued at $1.68 billion.
The international firms ahead of AZB and S&R include Davis Polk & Wardwell, Shearman & Sterling, Weil Gotshal & Manges, and Slaughter & May.
The other Indian law firms to make it to the list are Khaitan & Co (ranked 12th with 19 deals valued at $1.61 billion), Trilegal (ranked 17th with 1 deal valued at $ 334 million) and J. Sagar Associates (ranked 18th with 6 deals valued at $214 million).
By Deal Count
AZB Partners is ranked 2nd with 26 deals followed by Khaitan with 19 deals. JSA is ranked 4th with 6 deals and S&R Associates is ranked 6th with 3 deals. Wadia Ghandy makes it to the league table (by deal count) and is ranked 9th with 2 deals.