Cyril Amarchand Mangaldas has topped Bloomberg’s first quarter league tables for M&A transactions in India in terms of deal value. AZB & Partners has the highest number of deals for the first quarter of 2016..Deal Value.With a deal value of $3.03 billion for 5 deals, Cyril Amarchand has a market share of 27.2%. AZB & Partners is second on the list, with 18 deals valued at $1.6 billion (almost half of the deal value of Cyril Amarchand’s 5 deals)..What will be interesting to see is the change, if any, in these numbers in the next quarter. As reported on Bar & Bench, AZB & Partners has recently poached Cyril Amarchand’s star corporate Partner Ashwath Rau. Rau’s addition will undoubtedly boos the firm’s already strong M&A Practice..J. Sagar Associates is in 6th place, with 5 deals at $720 million. Veritas Legal, set up by ex-AZB Partner Abhijit Joshi last year, is ahead of Khaitan & Co in terms of deal value, with 3 deals at $374 million to Khaitan’s 12 deals at $282 million..Also featuring on the list are Shardul Amarchand Mangaldas, Economic Laws Practice and Majmudar & Co..RankFirmDeal Value (in $ million)Deal Count1Cyril Amarchand Mangaldas3,03652AZB & Partners1,609183De Brauw Blackstone Westbroek NV1,17913Paul Weiss Rifkind Wharton & Garrison1,17913Simpson Thacher & Bartlett1,17916JSA72057Hughes Hubbard & Reed46017Kirkland & Ellis46019Veritas Legal374310Khaitan & Co2821211White & Case268312Weil Gotshal & Manges200113Shearman & Sterling200314O’Melveny & Myers150115Shardul Amarchand Mangaldas844.Deal Count.AZB’s 18 deals is followed by Khaitan in second, with 12 deals. Cyril Amarchand and JSA are next with 5 deals each, followed by Shardul Amarchand and ELP with 4 each. Veritas Legal has 3, while Majmudar & Co and Trilegal have 2 each..RankFirmDeal Value (in $ million)Deal Count1AZB & Partners1609182Khaitan & Co282123Cyril Amarchand Mangaldas303653JSA72055Shardul Amarchand Mangaldas8445Economic Laws Practice6647Veritas Legal37437White & Case26837Shearman & Sterling200310Jones Day66210Majmudar & Co14210Allen & Overy–210Trilegal–2.Recently, Cyril Amarchand also topped the Mergermarket league tables for 2016 Q1, while Khaitan had the highest number of deals..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
