This transaction marks India’s second-largest initial public offering in 2024, following Hyundai Motor India’s US$3.3 billion IPO, which Latham also advised on.
The Latham team was led by Singapore partner Rajiv Gupta and Washington, D.C. partner Nicholas Boyle, with Singapore associates Esha Goel and Kay Howe Lee. Advice on U.S. tax matters was provided by Chicago partner Rene de Vera and New York partner Jiyeon Lee-Lim, with associate Shangpu (Nicholas) Sun; on 1940 Act matters by Chicago partner Laura Ferrell, with Boston counsel Joel Cavanaugh; on ERISA matters by Los Angeles partner David Taub; and on sanctions matters by Washington, D.C. partner Les Carnegie.
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