AZB & Partners is advising Wipro on its acquisition of Mindsprint from Olam Holdings. Partners Srinath Dasari, Bhuvana Veeraragavan, Aditya Singh Chandel, Bharata Budholia and Adoksh Shastry are leading the firm’s team in the transaction, which was signed on April 8, 2026 and is yet to be completed. Clifford Chance has advised CITIC Securities (Hong Kong) and ABCI Securities, as the joint sponsors, on the IPO and listing of TenNor Therapeutics (Suzhou) in Hong Kong, under the Exchange’s Chapter 18A Listing Rules for Biotech Companies. Founded in 2013 in Suzhou, TenNor Therapeutics is a biotechnology company which focuses on developing differentiated treatments for bacterial infections and metabolic diseases to combat antimicrobial resistance, a global health threat. Partners Fang Liu, Virginia Lee and Claire Cao (Beijing) led the firm’s team in the transaction. JSA Advocates & Solicitors has represented Robert Bosch Investment Nederland and Robert Bosch (US) on the sale of their stake in Bosch Chassis Systems India for an aggregate consideration not exceeding Rs90.7 billion (US$948m). Partner Anand Lakra, supported by partners Kumarmanglam Vijay (direct tax head) and Surajkumar Shetty, led the firm’s team in the transaction. JSA Advocates & Solicitors has also successfully represented UltraTech Cement on securing a significant victory before the Rajasthan High Court on a challenge to the State’s actions of denying exemption from payment of Electricity Duty. The High Court held that UltraTech Cement, which established captive solar power plants pursuant to Rajasthan Solar Energy Policy 2019, is exempted from payment of electricity duty for seven years from the commissioning of the RE Plant. The High Court further clarified that the amendment made to the Solar Policy, withdrawing the exemption from...

AZB & Partners has advised Hyperion Materials & Technologies on its acquisition of Electronica Tungsten from Electronica Group. Partners Nandish Vyas and Anshuman Bharadwaj led the firm’s team in the transaction, which was completed on April 6, 2026. AZB & Partners has also advised MUFG Bank on its Rs396 billion (US$4.1b) acquisition of stake in Shriram Finance. Partner Bharat Budholia led the firm’s team in the transaction, which was approved by the CCI on March 25, 2026. Moreover, AZB & Partners is advising Rubicon Research on its acquisition of significant stake in Arinna Lifesciences from Motilal Oswal Private Equity Advisors. Rubicon has agreed to purchase from the sellers 85 percent of Arinna’s share capital, thereby providing an exit to Arinna investors, which includes Motilal Oswal Alternates. Mr Vivek Seth, promoter of Arinna, will continue to hold 15 percent shareholding in the company. Partners Anand Shah and Shriram Shah are leading the firm’s team in the transaction, which was signed on April 15, 2026 and is yet to be completed. Carey Olsen has advised Kraken’s parent company Payward on its US$600 million acquisition of Hong Kong-based stablecoin payments firm Reap Technologies. The cash-and-stock transaction values Payward at US$20 billion, and marks the expansion of Kraken’s stablecoin and payments infrastructure business into Asia-Pacific, which has become one of the fastest-growing regions for crypto adoption and stablecoin activity. Reap provides cross-border business payments infrastructure that links traditional finance with digital assets, providing stablecoin-native infrastructure for cross-border payments, corporate card issuance, and business management. Partners Chris Duncan, Trevor McCabe and Richard Munden led the firm’s BVI and Cayman team in the transaction. Davis Polk has advised METiS TechBio on...

Chandler Mori Hamada has acted as co-lead counsel to international and domestic lenders on the US$880 million green loan financing of the 100 MW BKK Campus data centre in Chonburi, developed by a joint venture between Digital Edge and B.Grimm Power. The mandated lead arrangers comprised Bangkok Bank, Bank of Ayudhya, HSBC, Kasikornbank, Mizuho, Natixis CIB, Siam Commercial Bank, SMBC and Standard Chartered. Bank of Ayudhya, Mizuho and Standard Chartered acted as green facility coordinators. The financing will support the development and construction of the approximately 100 MW BKK Campus data centre, located within Thailand’s Eastern Economic Corridor. Designed to support AI and data-intensive workloads, the project is reported to be the largest data centre project financing completed in Thailand to date. Co-managing partner Joseph Tisuthiwongse, supported by partner Tip-apa Limvichai, led the firm’s banking and real estate teams in the transaction. DLA Piper has advised Starlink AI Acquisition, a Cayman Islands-incorporated special purpose acquisition company, on its US$100 million IPO. The IPO comprised 10 million units priced at US$10.00 per unit, with each unit consisting of one ordinary share and one right to receive one-quarter of one ordinary share upon the completion of an initial business combination. The units began trading in New York on May 8, 2026, and the IPO closed on May 11, 2026. AGP/Alliance Global Partners acted as sole book-running manager for the IPO. Starlink AI Acquisition is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability. It is formed for effecting a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more...

Allen & Gledhill is advising CapitaLand Integrated Commercial Trust (CICT) on the sale of 100 percent of its interest in Asia Square Tower 2 to IOI Marina View, a wholly-owned subsidiary of IOI Properties Group, for an agreed property value of S$2.48 billion (US$2b). A separate team is advising DBS Bank on the S$123.8 million (US$97.6m) term loan facility to IOI Marina View to finance the option fee for the proposed acquisition of MVKimi (BVI), which owns, through its wholly-owned subsidiary Asia Square Tower 2, the Asia Square Tower 2 property. Partners Prawiro Widjaja, Eudora Tan, Teh Hoe Yue, Jessie Lim and Chua Xinying are leading the firm’s team advising CICT, while partner Lim Wei Ting is leading the firm’s team advising DBS Bank. Moreover, Allen & Gledhill (Vietnam) has advised Offgrid Advanced Sustainable Infrastructure Solutions (Oasis), a commercial and industrial solar platform affiliated with SUSI Partners, on its acquisition of Asia Clean Capital Vietnam (ACCV), a pioneering company in the renewable energy sector committed to promoting sustainable solutions across Vietnam. Managing partner Oh Hsiu-Hau and partner Jonathan Lin led the firm’s team in the transaction. AZB & Partners has advised the Mankekar Family Office on its Rs13.8 billion (US$146m) acquisition of stake, along with Everdoc and Param Pal Singh Kandhari, in Wingify Software. Partner Anand Shah led the firm’s team in the transaction, which was completed on March 31, 2026. AZB & Partners has also advised Innomotics India on its Rs22 billion (US$233m) acquisition of the Low Voltage Motors business from Siemens. Partner Bharat Budholia led the firm’s team in the transaction, which was approved by the CCI on February 12,...

Allen & Gledhill has advised DBS Bank, Malayan Banking Singapore Branch, Oversea-Chinese Banking Corporation, RHB Bank Singapore Branch and United Overseas Bank on the S$1.9 billion (US$1.5b) Islamic term financing facility to South Beach Consortium, the owner of a mixed development in Singapore known as South Beach, comprising of hotel, office and retail components. Partners Aloysius Ng, Lim Wei Ting and Tan Zhi Feng led the firm’s team in the transaction. AZB & Partners has advised Kotak Mahindra Capital on its Rs3.7 billion (US$39m) sale of 8.9 percent stake in Infina Finance to KF Trust. Partners Ashwath Rau and Kashish Bhatia led the firm’s team in the transaction, which was completed on March 24, 2026. AZB & Partners has also advised Demi-fine Fashion on its Rs3.7 billion (US$39m) sale of more than five percent stake to Xponentia Capital, Vertex Growth Fund and Vertex Ventures. Partner Aarthi Sivanandh led the firm’s team in the transaction, which was completed on January 27, 2026. Moreover, AZB & Partners is advising Max Healthcare Institute on its Rs3 billion (US$32m) acquisition of significant majority stake in Kalinga Hospital. Partners Niladri Maulik and Malini Raju are leading the firm’s team in the transaction, which was signed on April 8, 2026 and is yet to be completed. Davis Polk has advised Adagene on its US$70 million SEC-registered direct offering of American depositary shares. Adagene’s ADSs are listed on the Nasdaq. Adagene is a platform-driven, clinical-stage biotechnology company committed to transforming the discovery and development of novel antibody-based cancer immunotherapies. Partner Xuelin (Steve) Wang, supported by partner Patrick Sigmon, led the firm’s multi-jurisdictional team in the transaction....