Firm News

By January 2, 2018 December 20th, 2019 No Comments
Transaction Reporting

Alpha Partners, alongwith CBRE as the lead
member, closes the sale of ITDC Ashoka Hotel, Jaipur to the State Government of
Rajasthan. The transaction is pursuant to the disinvestment drive of the
Government of India. Alpha’s role was to structure the transaction to achieve
the objectives of the transaction, review of the property related documents,
submission of report on possible structures, drafting of transaction documents
between Ministry of Tourism and State Government.
Alpha assisted Mayer Brown LLP in representing
ARM Inc. in the acquisition of ChaoLogix Inc and Chaologix Technologies India
Private Limited which is an Indian subsidiary of ChaoLogix Inc. ChaoLogix is a
US based company involved in developing computing architecture and chip sets
and was acquired by ARM Inc. by way of a reverse merger and consequently
Chaologix India became a downstream subsidiary of ARM Inc. Alpha’s role was to
conduct due diligence of the Indian entity, review of merger agreement,
assistance in closing and assistance in transition of the Indian business and
staff to ARM’s Indian entity. 

New Empanelments 

Alpha has recently been empaneled as a law firm
with Industrial Finance Corporation of India (IFCI), Fedbank Financial Services
Limited and IFCI Infrastructure Development Limited (IIDL).

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