J Sagar Associates and Cyril Amarchand Mangaldas advised on Mindtree and L&T Infotech merger
The amalgamation has created an $18 billion company
J Sagar Associates and Cyril Amarchand Mangaldas advised on Mindtree and L&T Infotech merger
The amalgamation has created an $18 billion company
Law firms J Sagar Associates (JSA) and Cyril Amarchand Mangaldas (CAM) have advised on the merger of Mindtree Limited and L&T Infotech, the software units of the Indian conglomerate Larsen & Toubro.
The merger is aimed at building a scale to compete for larger deals in a booming market for Information Technology. In fact, L&T's push in the high-growth software industry follows a pandemic-led surge in demand for digitalization. Global businesses have been investing billions of dollars in cloud computing, digital payment infrastructure, and cyber security.
While JSA represented Mindtree, CAM counseled Infotech.
Partners Aarthi Sivanandh and Niruphama Ramakrishnan led the J Sagar Associates team.