Prasenjit Chakravarti
Prasenjit Chakravarti is a Partner in the M&A, Corporate group in the NCR office of Khaitan & Co, a full-service law firm with over 850+ lawyers having presence in Mumbai, NCR, Bengaluru, Kolkata, Chennai and Singapore. Mr Chakravarti has over 18 years of rich and diverse experience, and routinely advises domestic and international corporate clients on a range of issues concerning foreign investment (both inbound and outbound), joint ventures, strategic alliances, acquisitions and other business transactions including financial and technical collaborations, commercial, corporate and securities law. Mr Chakravarti brings with him a wealth of experience in M&A, Joint Ventures, Investments and Corporate Advice and is known for his pragmatic and solution-oriented approach which assist clients to navigate intricate M&A transactions and strategic matters and get them over the finishing line.
Few recent marquee deals which Mr Chakravarti led for Khaitan & Co are: (1) advised shareholders of Space Teleinfra Private Limited in sale of their 100% shareholding to Data Infrastructure Trust (backed by Brookfield, GIC and British Columbia) for circa USD 117.32 million and additional milestone-based consideration; (ii) advised Mitsui & Co. Ltd. in relation to acquisition of 56% shareholding of Bharat Insecticides Limited, producer of Insecticides, Herbicides, Fungicides Chemicals, Agriculture, by Bharat Certis Limited, subsidiary of Mitsui & Co., Ltd., Japan from the existing shareholders; (iii) advised Gateway Group in their internal corporate restructuring by a reverse triangular merger involving listed company; (iv) advised Acme Solar Holdings Private Limited in sale of 39% stake to Investment Fund for Developing Countries and 10% stake to UNOPS S3i in Acme Solar’s 250 MW solar project in the state of Rajasthan; and (v) advised Harley-Davidson in relation to distribution and brand licensing agreements with Hero MotoCorp.
Mr Chakravarti is also a prolific contributor in M&A space and has played a tremendous role in creating awareness in M&A landscape by being actively involved in imparting legal education on M&A topics for M&A professionals including via authoring articles, disseminating informative short videos like on term sheets, confidentiality agreements, break fees and reverse break fees and Contractual Alliance v Joint Venture, M&A Masters series on a range of topics including Earn Out and Purchase Price Adjustment and How to Structure Business Acquisitions, Due Diligence etc.