Nov 30, 2023

Co-founder of MedAlliance, in the Cordis takeover of MedAlliance in the deal rising to US$ 1.1 billion.

AZB & Partners acted for the co-founder of MedAlliance, a pioneering medical device startup, in the Cordis takeover of MedAlliance in the deal rising to US$ 1.1 billion. The deal involved a complete exit from MedAlliance and reinvestment of part of the proceeds in the acquirer.

Our deal team comprised our Senior Partner Vaidhyanadhan Iyer, Partner Bhuvana Veeraragavan, Senior Associate Ashutosh Merchant, Associates Raina Kanungo, Shivani Shenoy and Niranjan Kumar, with special thanks to our Founder & Managing Partner Zia Mody and Senior Consultant Mr. Padmanabhan for their guidance on tricky RBI and ODI issues.

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