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Capital First / IDFC Bank merger

26/4/2018
Merger
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Announced

26/4/2018

Overview:

  • Capital First and IDFC Bank have undertaken merger procedures.
  • Both companies are listed on the BSE.
  • For every 10 shares of Capital First, IDFC Bank will issue 139 shares.
  • The merger resulted in the combined assets under management of $12.94 billion.

Katrin Kostadinova - Data analyst 

Jurisdiction:

India

Deal type:

Merger

Practice area:

M&A

Governing law:

India

Industry sector:

Banking

Firms:
AZB & Partners

Party: IDFC Bank (Merger party)

Shardul Amarchand Mangaldas & Co

Party: Capital First (Merger party)

Lawyer: Akshay Chudasama

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