SEPTEMBER 2014
Transactions
Manitex International acquires PM Group
Manitex International, Inc. (Nasdaq: MNTX) has reached an agreement to acquire PM-Group SpA (PM and Oil & Steel SpA,) of San Cesario sulPanaro, Modena, Italy.
R&S, an Italian corporate finance boutique specialized in Distressed M&A, acted as financial advisor to Manitex in the acquisition of PM.
As a result of the debt restructuring and acquisition agreements signed, PM reduces the debt of approx. € 50 million and reschedules the remaining debt over 8 years period. The major challenge has been to align the interest of all the stakeholders.
Legal advisor to PM Group:
Paolo Lisca is the Partner that led the team; Paolo has more than 25 years of experience in investment banking (most of which with BNP Paribas) and during the last 5 years he advised the restructuring of more than €1.5 billion of debt. LM
Corporate finance advisor:
73
Manitex International acquires PM Group
Legal advisor to Manitex:
This announcement appears as a matter of record only
Agreements with the Amateur Kabaddi Federation of India for the launch of the Pro Kabaddi League and arrangements with Star Sports to be the official broadcast partner
Luthra & Luthra Law Offices acted as Sole Legal Advisor for the Pro Kabaddi League in India.
Mumbai saw a stunning start to the age old sport of Kabaddi, primarily due to the efforts of Mashal sports with Luthra & Luthra Law Offices providing quality legal advice.
The eight-city franchise-based Pro Kabaddi League has received official sanction from Amateur Kabaddi Federation of India and Government of India. Kabaddi is a contact sport played in more than 30 countries.
Keeping in tune with the progress displayed by several other sports, the Pro Kabaddi League, which is a unique international professional league for the sport of Kabaddi being organized in India, was being telecast on Star Sports.
Luthra & Luthra Law Offices acted as sole legal advisor and Managing Partner Mr. Rajiv Luthra spearheaded the work comprising all legal aspects, including drafting and negotiating various agreements required for the League. The team of lawyers including Ms. Kanchan Sinha (General Agreements), Ms. Gayatri Roy (Intellectual Property), Mr. Sanjeev Sachdeva & Mr. Tarun Govil (Tax), Mr. Anshul Jain (Compliance and Structuring), Mr. Nirupam Lodha along with Mr. Vivek Agarwal, Mr. Ashish Pareek, Mr. Mayank Aggarwal, Ms. Ankita Kansil and Ms. Neha Thakur advised and worked on agreement with Amateur Kabaddi Federation of India, arrangements with broadcaster Star Sports, arrangements for event management / media services and agreements with franchise teams and players.
The League achieved immense success and Managing Partner Mr. Rajiv Luthra says, it is time that we gave ourselves a new league to breathe for. LM
This announcement appears as a matter of record only
www.lawyer-monthly.com Sole Legal Advisor:
Luthra & Luthra Law Offices acted as Sole Legal Advisor for the Pro Kabaddi League in India and spearheaded the documentation, negotiating agreements for team franchisee and official broadcast by Star TV.
PM Group
Pro Kabaddi League
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78