Firm Matters
BackKhaitan & Co advised Axight Capital (an investment vehicle managed by Lunate group and backed by ADQ) on all aspects of its acquisition of ~10% stake in Aadhar Housing Finance Ltd, an independent affordable housing finance company, from Blackstone, one of the world’s largest alternative asset manager for a total consideration of ~USD 225 million.
The Firm role included structuring, diligence and documentation for the transaction.
Deal Team
The core team consisted of Abhishek Dadoo (Partner), Vidushi Gupta (Partner), Soumil Garg (Partner), Jayantika Khanna (Principal Associate), Aditi Halder (Senior Associate), Shriya Amol Kamat (Senior Associate), Niyati Karia (Associate) and Nimisha Nagpal (Associate)
The deal was assisted by:
Competition / Antitrust: Anisha Chand (Partner), Siddharth Pravin Bagul (Principal Associate) and Joshua Kurien George (Associate)
Direct Tax aspects: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)
Employment, Labour and Benefits: Shabnam Shaikh and Anushka Venketram (Senior Associate)
