Nov 01, 2023AU Small Finance Bank Limited (“AU”) on its acquisition of Fincare Small Finance Bank Limited, the transaction value is approximately USD 530 million.
| AZB & Partners is advising AU Small Finance Bank Limited (“AU”) on the proposed merger of Fincare Small Finance Bank Limited (“Fincare”) with AU by way of a scheme of amalgamation under Section 44A of the Banking Regulation Act, 1949. The transaction value is approximately USD 530 million. Our core transaction team comprised our Senior Partner Ashwath Rau, Partners Vipul Jain and Aditya Alok, Counsel Himanshoo Tembe, Senior Associate Saras Muzumdar and Associate Mohammad Zaid. Our due diligence team comprised our Partner Alpesh Parekh, Senior Associate Namrata Vora, Associates Devershi Mishra, Rhea Ghanshani, Shrikar Nagaraja Hegde, Pragyansh Nigam, Thangam Chandy and Jay Malwade; and our competition team comprised our Partner Bharat V Budholia and Senior Associate Vayshnavi Ganesh. |