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Established in 1911, Khaitan & Co is one of India’s oldest firms. A domestic giant, it recently decided to expand its presence overseas with an office in Singapore. Haigreve Khaitan, senior partner at Khaitan, tells ALB why this is the right time to open the Singapore office, and how the new outpost will fit into the firm’s strategy going forward.
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J. Sagar Associates (JSA), AZB & Partners, Khaitan & Co and Latham & Watkins have advised on the $464 million IPO of InterGlobe Aviation, the parent company of low cost airline IndiGo, marking the largest listing in India since Bharti Infratel’s $751 million offering in December 2012.
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Khaitan & Co. and Ashurst are advising Indian energy groups Vedanta and Cairn India on the former’s $2.3 billion offer to buy out minority shareholders in latter, with Sullivan Cromwell advising the financial adviser to Cairn India.