Latham & Watkins LLP announced that Ravi Purohit has joined the firm as a partner in the Corporate Department. He will serve as a Global Vice Chair of the firm’s Energy & Infrastructure Industry Group and will be a member of the Mergers & Acquisitions and Private Equity Practices. Purohit will initially be based in the New York office…
EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, announced the closing of its previously announced transaction with Saudi Arabian Oil Co. (Aramco), under which a consortium of investors acquired a 49% equity stake in Aramco Oil Pipelines Company (Aramco Oil Pipelines), a newly formed entity with rights…
Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that Silver Lake will invest ₹ 7,500 crore into RRVL, a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of ₹ 4.21 lakh crore. Silver Lake’s investment will translate into a 1.75% equity stake in RRVL on a fully diluted…