BP (British Petroleum) and Reliance Industries have entered into a Strategic Partnership, whereby BP acquired a 30% participating interest in 21 Oil & Gas Blocks - Production Sharing Contracts that Reliance operates in India at a price of USD 7.02 Billion.
RBSA has acted as a Financial Advisor to BP for Valuation of Oil & Gas Reserve & Resources of Reliance Industries Ltd. in the KG basin (including the well known KGD6 block).
Government of India, Department of Disinvestment, has appointed RBSA Advisors as a Financial Advisor & Merchant Banker for Valuation of Equity Shares of Hindustan Zinc Ltd. (HZL) for potential stake sale.
HZL has a Market Capitalization of more than USD 12 Billion as on the date and Government holds 29.54% stake in the company - the residual stake sale is expected to fetch more than USD 4 Billion.
Coal Block Auctions:-
RBSA has performed Valuation of Coal Blocks/Mines Lands for the Schedule II and Schedule III Coal Blocks which have been Auctioned by Nominated Authority of Government of India. This is one of the largest and most successful transactions of Govt of India
Merger of State Bank of India with Associate Banks created a Banking Behemoth under SBI.
RBSA acted as a Financial Advisor for providing Valuation and Share Swap Assistance and Fairness Opinion for one of these Transactions.
GAIL Gas Ltd., a subsidiary of GAIL (India) Ltd. has formed Joint Venture with Vadodara Municipal Corporation for City Gas Distribution Business.
RBSA has acted as an Exclusive Transaction Advisor for the said engagement.
Alliance Tire Group is a leading manufacturer of Off-Highway Tires globally. Warburg Pincus, a Private Equity Fund has sold its majority stake in ATG B.V. Netherlands to Kohlberg Kravis Roberts & Co.
RBSA acted as Financial Advisor to Warburg / ATG for Valuation of ATG Group transaction. The deal was Valued at over USD 650 Million.
Glenmark Pharmaceuticals Ltd. (“GPL”) was pursuing the internal restructuring scheme under which its subsidiary Glenmark Generics Ltd (“GGL”) was merged into GPL. Glenmark has a market Capitalization of more than USD 3 Billion. GPL appointed RBSA Advisors in its capacity as Category I Merchant Banker to provide Fairness Opinion and to carry out an independent Valuation of Equity Shares of GPL and GGL as to determine Share Swap Ratio for Merger / Amalgamation purposes.