Khaitan & Co Advised PropertyGuru Group On its $1.1 Billion Acquisition By EQT Private Capital Asia
Khaitan & Co Advised PropertyGuru Group On its $1.1 Billion Acquisition By EQT Private Capital Asia
PropertyGuru Group has entered into an agreement and plan of merger (the Merger Agreement) with affiliates of BPEA Private Equity Fund VIII Limited (EQT Private Capital Asia or EQT), pursuant to which PropertyGuru will be acquired by EQT Private Capital Asia in an all-cash transaction that values PropertyGuru at an equity value of approximately USD 1.1 billion.
The Firm assisted PropertyGuru with reviewing the Merger Agreement and providing transactional advisory from an Indian regulatory perspective, including employment law related advisory.
The core team consisted of Partner Rabindra Jhunjhunwala, Counsel Roshnek Dhalla, Principal Associate Sweta Rao, and Associate Prerna Hegde.
They were assisted by Partner Deepak Kumar and Senior Associate Archika Dudhwewala, who provided support on employment law-related aspects.
