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Deal Date: 21-12-2012 Practice Area: Corporate and M&A
Deal Title: DLF Global Hospitality sale of Silverlink Resorts Industry: Travel & Leisure
Description:
Davis Polk is advising DLF Global Hospitality Limited in connection with its sale of Silverlink Resorts Limited, the holding company for Amanresorts. Under the terms of the definitive agreement, Mr. Adrian Zecha, the founder and chairman of Amanresorts will purchase the entire shareholding in Silverlink Resorts Limited. The enterprise value of the transaction is approximately $300 million, and excludes the Aman property in New Delhi, India. The transaction is expected to close by the end of February 2013. The transaction is subject to customary closing conditions. The Davis Polk corporate team includes partners Mark J. Lehmkuhler and Kirtee Kapoor, associate Amit Kataria and registered foreign lawyer Abhishek Kolay. Geetika Sood was the legal assistant on this transaction. All members of the Davis Polk team are based in the Hong Kong office.
Financial Center: Hong Kong Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: India Acquiror Jurisdiction: Hong Kong
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Mark J Lehmkuhler