Two Cleary Gottlieb Deals Win 2020 India Business Law Journal Awards

February 9, 2021

Two deals on which Cleary Gottlieb advised have been named 2020 India Business Law Journal Deals of the Year:

  • GlaxoSmithKline in the sale of a 5.7% stake in National Stock Exchange and Bombay Stock Exchange-listed Hindustan Unilever, the largest secondary sale on the Indian stock exchanges to date.
  • Schneider Electric and partner Temasek Holdings in Temasek subsidiary MacRitchie Investments’ acquisition of Larsen & Toubro’s electrical and automation business (also recognized as a “Star Deal”).

The deals and cases were chosen based on transactional data, submissions received from Indian and international law firms, and interviews with India-focused legal and corporate professionals.

Cleary was also named among the 15 “Key Players” for India-related deals in India Business Law Journal’s 2020 report on law firms operating in the region.

To read more about the Deals of the Year, click here.