The consummation of the transaction is subject to regulatory approvals and satisfaction of the terms and conditions set out in the share purchase agreement executed between the parties.
SAM & Co. acted as the legal counsel to IDBI Bank Limited. The transaction team was led by Abhishek Guha, Partner; Roopal Kulsrestha, Partner; Jagriti Mohata, Counsel; Keegan Pavrey, Associate; Meghna Nachappa, Associate.
AZB & Partners advised Ageas Insurance International NV.; L&L Partners advised Federal Bank Limited.