J. Sagar Associates (JSA) acted as Indian counsel to the divesture of entire stake by ViacomCBS Inc. in Simon & Schuster to Penguin Random House LLC (“Penguin Random House”), a wholly owned subsidiary of Bertelsmann SE & Co. KGaA.
The deal value of the transaction is $2.175 billion.
JSA Team comprised Partners – Lalit Kumar & Bharati Joshi and Associate – Aakanksha.
For HR/Employee matters Partner – Minu Dwivedi and Associate – Shreya Chowdhury.
Bharati specialises in Private Equity and Mergers and Acquisitions. She has been involved in large and complex transactions for Indian and global corporations.