Merger and acquisition space will see huge action: Akshay Chudasama

MUMBAI: Delhi-headquartered corporate law firm Shardul Amarchand Mangaldas (SAM)'s Mumbai managing partner Akshay Chudasama is bullish on transaction and capital market activities and expecting major activities in M&A, Private Equity, capital markets and banking finance space.

Chudasama, was earlier with J Sagar Associates as its M&A partner and has an experience of nearly two decades. "We know each other ( Shardul Shroff) for a long time and we have a lot of things in common," said Akshay Chudasama who first interacted with his new employer a decade ago during Apollo Tyres' acquisition of Dunlop South Africa.

The Mumbai office will focus on areas such as M&A, Private Equity, Capital Market, Securities Practice and Banking Finance along with Arbitration. Chudasama has joined SAM along with his team of 18 people to the firm.

"The deal-street is buzzing with the activities and we are seeing lots of action in sectors such as real-estate, pharmaceutical, infrastructure, aviation and telecom," said Shardul Shroff, executive chairman of SAM. "There are lots of regulatory issues around e-commerce currently and once it gets settled more action will start there as well."

The Delhi-headquarter SAM is planning to have a team of 450 lawyers including 100 lawyers based in Mumbai.