This article is FREE access as part of the IFLR Bulletin. Take a two week trial to International Financial Law Review and find many more related articles.
20 May 2008
Amarchand & Mangaldas & Suresh A Shroff & Co and J Sagar Associates have advised on a $4.38 billion rights issue for the State Bank of India (SBI) – the second-largest Indian equity offering to date.
Amarchand Mangaldas, working alongside Allen & Overy's Hong Kong office, advised SBI on the offering, which included a $2.5 billion subscription by the Indian government.
J Sagar Associates, along with Clifford Chance Hong Kong, advised the managers on the fully-subscribed issue.