Selvam have established a joint venture with Philadelphia firm Duane Morris, and is now named Duane Morris & Selvam in regard to international work. The firm has also rebranded its local practice name from Arfat Selvam Alliance to Selvam....
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Selvam have established a joint venture with Philadelphia firm Duane Morris, and is now named Duane Morris & Selvam in regard to international work. The firm has also rebranded its local practice name from Arfat Selvam Alliance to Selvam.
Krishna Ramachandra, the head of the firm's capital markets practice, is a leading figure in Singapore's legal community. A client notes, "He provides ideas and solutions that are detail-oriented, and he's very commercially-minded."
Ramachandra is advising a US retailer in regard to its proposed acquisition of a major hypermarket chain, which requires understanding of Indonesian regulatory issues and Singaporean, Indonesian, English and American law. If successful, this acquisition will be worth $1 billion.
In another M&A transaction, partner Lo Kim Seng advised Jurong Cement regarding its acquisition by controlling shareholder Holcim Investments. Holcim acquired all shares for S$110 million ($84 million) and Jurong Cement delisted from SGX-ST with a cash exit offer for shareholders.
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