Deal Corner: Goldman Sachs invests in Piramal Realty

Posted by By at 25 August, at 17 : 48 PM Print

August 25, 2015

Goldman Sachs invests in Piramal Realty

DEAL BRIEF

Group companies of Goldman Sachs Group, Inc. (“Goldman Sachs”), have agreed to invest USD 150 million for a minority stake in PRL Developers Private Limited (“Piramal Realty”), the real estate arm of the Piramal group.

Piramal Realty is involved in developing high end residential and commercial properties in and around Mumbai. The Piramal group is one of India’s leading conglomerates with interests in pharmaceuticals, financial services, information management, glass packaging and real estate. You can read more about Piramal Realty at http://piramalrealty.com/

The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

OUR ROLE

We, at Nishith Desai Associates, acted as legal and tax counsel to Goldman Sachs for this investment.


Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient’s country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender’s contact information, which this mail does. In case this mail doesn’t concern you, please unsubscribe from mailing list.

Hotline

Related Posts

Post Your Comment

You must be logged in to post a comment.

About Us

Nishith Desai Associates (NDA) is a research based international law firm with offices in Mumbai, Bangalore, Silicon Valley, Singapore, New Delhi, Munich and New York.

Mobile App

.

  • .
  • .
  • .