Shardul Amarchand Mangaldas Advises Zee Entertainment Enterprises Limited on Acquisition of 9X Media

Shardul Amarchand Mangaldas & Co (SAM & Co) advised Zee Entertainment Enterprises Limited (ZEEL) on its acquisition of 100% stake in 9X Media Private Limited (and its subsidiaries) from New Silk Route Partners and other shareholders of 9x Media Private Limited. The deal was valued at INR 160 Crore.

The General Corporate Practice of SAM & Co advised on the transaction. The SAM & Co Team was led by Jay Gandhi, Partner; and included Arun Jerome, Principal Associate; Natalee Nanda, Associate.

Other advisors to the transaction were Ernst & Young LLP (financial and tax advisors to the Acquirer) and Economic Law Practice (legal advisors to the Sellers and 9x Media Private Limited)

The deal was signed on October 6, 2017 and the deal is yet to be closed.

About Shardul Amarchand Mangaldas & Co

With the legacy of a century, Shardul Amarchand Mangaldas & Co, established in 2015, is one of India’s leading law firms rated by international organisations, law directories and professional journals. As a full service law firm, Shardul Amarchand Mangaldas is renowned in the business community for its ability to enable business, its innovative solutions, responsiveness and collaboration with its clients. The Firm continues its journey as “a young and wise firm” in its “Centenary Year of Excellence”.

Currently, the Firm has over 520 lawyers, including 102 Partners, offering legal services through its offices at New Delhi, Mumbai, Gurugram, Ahmedabad, Kolkata, Bengaluru and Chennai.