Update: 1/11/11, 6:15 p.m., Another Indian legal news publication, Legally India, reported Tuesday that several more firms were involved in the transaction. According to that report, Linklaters and Bangalore boutique Lexygen advised a consortium of bidders–led by the Carlyle Group–which lost out on Patni in the end. Also, JSA partner Somasekhar Sundaresan was joined by Day Pitney in representing the company’s chairman, while Wadia Ghandy & Co. advised Patni’s board of directors.
Private equity firm General Atlantic, which sold its 17.4 percent stake in Patni, was represented by S&R Associates and Paul, Weiss, Rifkind, Wharton & Garrison, the article said.
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