Cyril Amarchand Mangaldas advises Kotak Mahindra Bank on acquisition of Private Banking & Wealth Management Business of Deutsche Bank
Kotak Mahindra Bank Limited is set to acquire the Private Banking and Wealth Management Business in India of Deutsche Bank Aktiengesellschaft (acting through its India branches), as a going concern on a slump sale basis. Archit Bhatnagar, Abhijeet Das, Ankita Ray, Jian Johnson, Dhruv Rajain Cyril Amarchand Mangaldas advised Kotak Mahindra Bank on this transaction. The deal team was led by Archit Bhatnagar (Partner); with assistance from Pruthvi Jasani (Senior Associate) and Utkarsh Jhingan (Senior Associate); Saurabh Agnihotri (Associate) and Tanvi Jain (Associate). Abhijeet Das (Partner) provided strategic inputs and guidance throughout the transaction.
Sources
- Bar & Bench - Dealstreet
- SEBI legal / circulars · official
- PIB press releases · official
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