Alliances among Investment Banks - India and International

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Ambit and Soceity Generale
Société Générale Corporate & Investment Banking partners with Ambit to develop cross border M&A advisory services for India

The partnership will enable Société Générale Corporate & Investment Banking to propose acquisition opportunities to its Indian client base, together with advisory services to assist in the negotiation and structuring of the transaction


Mumbai, Maharashtra, IND, 2007-12-18 16:22:33 (IndiaPRwire.com)

In the context of growing cross border M&A transactions between India and Europe powered by both Indian acquisitions abroad and foreign investments in India, Société Générale Corporate & Investment Banking and Ambit, a leading independent Indian Investment Bank, signed a cooperation agreement to offer advisory services to their respective European and Indian clients in the field of cross border M&A transactions.

The agreement sets a principle of exclusivity for cross border M&A transactions between Europe and India and defines a framework of joint marketing efforts and execution of assignments between the two partners.

The partnership will enable Société Générale Corporate & Investment Banking to propose acquisition opportunities to its Indian client base, together with advisory services to assist in the negotiation and structuring of the transaction. It will also give the bank the opportunity to become Ambit’s partner of choice for European transactions. In turn, the partnership with Société Générale Corporate & Investment Banking will provide Ambit with a platform to identify, introduce and execute transactions for its clients in the European market.

Ambit is an independent investment bank well positioned in the Indian market for M&A. It employs a team of over 30 professionals across Mumbai and Delhi dedicated to M&A. Ambit is organised according to sector specialisation, with a particular focus on Media, Automotive, Transportation, Logistics, Financial Services, Pharmaceutical, Fast Moving Consumer Goods and Real Estate. The bank has developed close relationships with Indian businesses and recently advised on several significant transactions such as the Viacom joint venture with TV18, the Heidelberg acquisition of Mysore Cement, and the merger of Indian Airlines with Air India.

Société Générale Corporate & Investment Banking’s M&A teams are located in Europe and the US. The bank has acted as adviser in many significant cross border transactions, such as the acquisition of Arcelor by Mittal, as well as the divestiture of several European assets, including the acquisition of Bristol Water by Agbar, the acquisition of Dendrite by Cegedim, and the merger between Euronext and The New York Stock Exchange.

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A leading player present in over 45 countries across Europe, the Americas and Asia-Pacific, Société

Générale Corporate & Investment Banking ranks third in the euro zone in terms of NBI. It is the bank of

reference for:

· Euro capital markets. A top 5 player across euro debt capital markets (bonds, securitisation, loans), and a leader in French Equity Capital Markets with European reach.

· Derivatives. A world leader in equity derivatives, and with forefront positions in many interest rate, credit, foreign exchange and commodities derivatives.

Structured finance. A worldwide leader in export, project and structured commodity finance with global expertise in energy, infrastructure, real estate and media & telecom finance. Tailoring solutions in terms of capital raising, financing, risk management and investment, Société Générale Corporate & Investment Banking combines expertise, innovation and advisory skills coupled with quality of execution to both issuers and investors clients across debt and equity. www.sgcib.com

Ambit

Since its inception in 1997, Ambit’s commitment to create true value has been the cornerstone of its business approach and has enabled the firm to establish strong client relationships with several worldclass companies. What started out as a boutique investment bank has now grown to be one of India’s leading investment banks. Over the last 3 years, Ambit Corporate Finance has ranked amongst the top 3 Investment Banks by deal counts on the Bloomberg league tables for India.

Ambit understands and has extensive experience across industries and has represented leading organizations across a wide range of sectors. Ambit is privileged to serve a distinguished client portfolio that includes many Fortune 100 and 500 companies and represents enterprises that enjoy a leadership position within their respective industries.

Ambit is acknowledged for its vast resource of intellectual capital and accredited for its ability to deliver.

Its team has structured various complex transactions, some of which can be particularly singled as being the first of the kind to be executed in recent times. It views its innovativeness and ingenuity as being central to its success and positioning – clearly differentiating it from others.

Ambit has a dedicated Private Equity Fund, Ambit Pragma Ventures led by a senior team of professionals. In 2007, Ambit entered into a joint venture with Nikko Asset Management of Japan to launch Asset Management Business in India.

To get more information on Ambit please visit www.ambitholdings.com

Ambit

Since its inception in 1997, Ambit’s commitment to create true value has been the cornerstone of its business approach and has enabled the firm to establish strong client relationships with several worldclass companies. What started out as a boutique investment bank has now grown to be one of India’s leading investment banks. Over the last 3 years, Ambit Corporate Finance has ranked amongst the top 3 Investment Banks by deal counts on the Bloomberg league tables for India.

Ambit understands and has extensive experience across industries and has represented leading organizations across a wide range of sectors. Ambit is privileged to serve a distinguished client portfolio that includes many Fortune 100 and 500 companies and represents enterprises that enjoy a leadership position within their respective industries.

Ambit is acknowledged for its vast resource of intellectual capital and accredited for its ability to deliver.

Its team has structured various complex transactions, some of which can be particularly singled as being the first of the kind to be executed in recent times. It views its innovativeness and ingenuity as being central to its success and positioning – clearly differentiating it from others.

Ambit has a dedicated Private Equity Fund, Ambit Pragma Ventures led by a senior team of professionals. In 2007, Ambit entered into a joint venture with Nikko Asset Management of Japan to launch Asset Management Business in India.

To get more information on Ambit please visit www.ambitholdings.com