Khaitan & Co Advised Manulife On Its Investment In A 50-50 Greenfield Life Insurance Joint Venture With Mahindra & Mahindra Limited
Khaitan & Co advised Manulife on its investment in a 50-50 greenfield life insurance joint venture with Mahindra & Mahindra Limited
The Leading Law firm in India, Khaitan & Co, along with Debevoise & Plimpton, advised Canada-based Manulife on its investment in a 50-50 greenfield life insurance joint venture in India with Mahindra & Mahindra Limited, subject to regulatory approval. Both joint venture partners have committed to infuse a total of INR 7,200 crore (~USD 800 million) into the insurance JV within the first 10 years of incorporation.
The Khaitan & Co deal team comprised Nikhil Narayanan (Partner), Akhil Sharma (Partner), Shivam Tandon (Counsel), Shubham Chauhan (Senior Associate), and Ayush Gattani (Associate).
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