Sidley acted as U.S. counsel to Reliance Industries Restricted in reference to its US$7 billion rights providing pursuant to Part 4(a)(2) and Regulation S. That is the most important rights providing by a non-financial companies firm on the earth within the final 10 years. That is additionally India’s largest rights difficulty ever, the place gives and gross sales have been additionally made to certified institutional patrons within the U.S. and institutional buyers exterior of India.
Reliance Industries Restricted is a Fortune 500 firm and the most important non-public sector company in India. Reliance owns companies throughout India engaged in power, petrochemicals, textiles, pure assets, retail, and telecommunications.
The Singapore-based Sidley crew was led by accomplice Manoj Bhargava, with help from companions Ankit Kashyap, Robert L. Meyers and Matthew Sheridan, and senior affiliate Varun Jetly and authorized supervisor Rachna Talati.