Akila Agrawal

Practice Areas

Partner (Head – Mergers and Acquisitions)

Akila has over 20 years of experience in matters pertaining to mergers & acquisitions, joint ventures, corporate restructuring and general corporate advisory. She has extensively handled acquisitions, disposals, takeover offers, delisting offers, commercial contracts, and SEBI related matters. She specialises in public M&A. Akila has considerable national and international experience having served several significant clients across a broad range of industries and sectors.

Relevant Representation:

1. Oracle Corporation on the acquisition of 43% stake in iFlex Solutions Limited.

2. FedEx Corporation on its acquisition of Prakash Air Freight Private Limited and AFL Private Limited.

3. The Government appointed board of Satyam Computer Services Limited on the public bid and sale of majority stake in the company to Tech Mahindra.

4. Fresenius Kabi in its acquisition of Dabur Pharma Limited, parental drugs business of Goa Formulations Limited and the India businesses of Fenwal Inc; sale of its sterile manufacturing business to Puniska Injectables.

5. GE in its delisting offer of GE Transportation Financial Services; transfer of their loan assets portfolio to Shriram Transport Finance; investment in Birla Soft Limited; spin-off of its global engineering division and sale of its security business to UTC; and transfer of its nuclear business in India to EDF.

6. Alstom SA and Schneider Electric in its indirect acquisition of Areva India and their joint open offer to the public shareholders of Areva India; and global sale of Alstom’s thermal power business to GE.

7. Siemens AG in connection with its voluntary open offer to the public shareholders of Siemens India Limited.

8. Citigroup and DSP Merrill Lynch, on the buy-back offer made by Reliance Industries Limited.

9. PVR Limited in its acquisition of Cinemax India and consequent mandatory tender offer; acquisition of DT Cinemas; the sale of shares by Mr. Bijli to Warburg Pincus; and the sale of their BluO Entertainment business to Smaash Entertainment Limited.

10. DLF Limited in the sale of 40% promoter stake in its commercial real estate arm to GIC Singapore; DLF Brands in the transfer of its Mother’s Pride, Lens Crafters and Sunglass Hut businesses to Reliance Retail.

11. The Coca-Cola Company in its M&A transactions in India.

12. Mastercard in relation to its investment in Pine Labs Pte. Ltd.

13. Persistent System in its acquisition of MediaAgility India, Shree Infosoft and Data Glove IT Solutions.

14. The Promoters of ZEE Entertainment in the offloading of their stake to Oppenheimer Fund and other investors through off-market and on-market transactions.

15. Philips India Limited in the demerger of its lighting business; Philips KPNV in the demerger and sale of its domestic appliances business to Hillhouse Capital;

16. Signify in its acquisition of the global lighting business of Eaton Corporation

17. Escorts Limited in its strategic venture with Kubota Corporation.

18. Sanmina Corporation in its joint venture with Reliance.

19. Azim Premji Trust in its various investments in India.

20. Principal Group in transfer of its mutual funds business to Sundaram Mutual Funds.

21. Krafton, Inc. in its investments in Talent Unlimited (Bobble), Nasadiya Technologies, Nautilus Mobile App and Mebigo Labs.

22. Evosys Group in selling its middle eastern business to Mastek UK Limited.

23. eClerx LLC in its acquisition of Eclipse Global Holdings.

24. Allen Career Institute Private Limited in its strategic venture with Bodhi Tree Systems.

25. Alghanim Industries in the sale of its stake in Rockwool India Private Limited to Saint-Gobain India Private Limited.

26. Lear Corporation in its acquisition of the India business of Kongsberg Automotive.

27. Pernod Ricard India in its minority acquisition in Aarti Distilleries.

28. Stone Point LLC in its acquisition of Duff & Phelps.

Professional Memberships

• Asia Pacific Regional Forum Liaison Officer, Women Lawyers’ Committee, International Bar Association

• Enrolled with the Bar Council of Delhi, India

• Member of the Supreme Court Bar Association

Education

Awards