AZB is advising the Acquirer and the persons acting in concert with the Acquirer for the open offer and regulatory approvals, FIH Mauritius Investments Limited (“Acquirer”) with HWIC Asia Fund (Class A Shares) (PAC 1), I Investments Limited (PAC 2) and FIH Private Investments Ltd. (PAC 3) made an open offer to the shareholders of the Target to acquire upto 26% equity shares of the Target company Deal value was approximately USD 300 million (INR 16.2 billion) The team members involved, Ashwin Ramanathan, Bhavi Sanghvi, Rushabh Maniar (Partners) and Lionel D’Almeida (Senior Associate)