Tihir Sarkar
Partner
Amongst the Most Influential Lawyers in the City of London
Financial News and Private Equity News, 2023Ranked for Corporate/M&A: High-End Capability
Chambers UK
“Recommended by clients as ‘an astute negotiator who is very creative, patient, and cool under pressure.’”
Chambers UK
“Recognized as one the lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.”
Legal 500 UK Hall of Fame
Tihir Sarkar’s practice focuses on cross-border mergers and acquisitions, along with private equity and restructuring transactions.
In 2023, Financial News and Private Equity News recognized Tihir as amongst the Most Influential Lawyers in the City of London.
Tihir is recognized in the Legal 500 Hall of Fame (Corporate and Commercial – London – M&A: Upper Mid-Market And Premium Deals, £750m+).
He has extensive experience acting for multinational corporates and sovereign wealth funds on their international investments and is widely recognized as a leading practitioner in the emerging markets.
Tihir joined the firm in 2003 from Slaughter and May and became a partner in 2007.
To learn more about Tihir and his career, please see his “Life During Law” profile published by Legal Business Magazine.
Notable Experience
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Zuber Issa CBE on the sale of his shares in the Asda Group to funds managed by TDR Capital and the £228 million acquisition of EG Group’s remaining UK forecourt business.
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The Walt Disney Company on its $8.5 billion merger of its Star India business with Viacom18, to form a new strategic joint venture with Reliance Industries Limited (RIL), the largest private sector corporation in India.
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ENGIE on its $1bn acquisition of BTE Renewables, a developer of renewable assets across Africa, from Actis, and the related carve-out of BTE Renewables’ Kenyan assets to Meridiam.
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Edenred, a leading digital platform, on its £1.1 billion acquisition of Reward Gateway, a worldwide leader in employee benefits, from funds managed by Abry Partners and Castik Capital.
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Fimalac, Marc Ladreit de Lacharrière’s holding company, on its acquisition of Jellyfish, a London-based digital ad agency, and subsequently, on the sale of its majority interest in Jellyfish to Brandtech, a leading marketing technology group.
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Tempur Sealy International Inc. in its acquisition of Dreams in the UK.
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Euronext in its €4.325 billion acquisition of the Borsa Italiana Group from the London Stock Exchange Group plc (Winner, “Corporate Team of the Year,” 2021 Legal Business Awards).
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Tronox Holdings plc in its acquisition from Eramet S.A. of TiZir Titanium & Iron AS and its Norwegian production facility that upgrades ilmenite to produce high-grade titanium slag and high-purity pig iron for approximately $300 million.
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Thales in its €4 billion public takeover of Gemalto and its pending divestment of its General Purpose Hardware Security Module business to Entrust Datacard.
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A number of sovereign wealth funds on some of their most high-profile global international investments:
- A leading sovereign wealth fund in an acquisition by its subsidiary of a 25.1% stake in Adani Electricity Mumbai Limited (AEML) from Adani Transmission Limited and for a shareholder subordinated debt investment in AEML.
- A leading sovereign wealth fund in connection with its participation in a consortium with EQT Fund Management S.à.r.l. and other renowned institutional investors, in exclusive negotiations to acquire Nestlé Skin Health, a leading global skincare company, for $10 billion.
- A leading sovereign wealth fund on in its acquisition, as part of a consortium, of a 61% stake in National Grid’s gas distribution business.
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Credit Suisse Asset Management with respect to asset management divestments and their emerging market asset management platform.
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American Express, as 50% shareholder of Amex Global Business Travel, its joint venture with a Certares-backed financial sponsor consortium, in its £400 million takeover of Hogg Robinson plcAmerican.
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TPG in its acquisition of the wholesale trading, institutional sales, and franchise businesses of Vishal Retail Limited, the first significant distressed asset buyout in India.
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Warid Telecom in the merger of Warid and Mobilink, the largest merger in the mobile telecommunications sector in Pakistan.
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Helios Investment Partners in connection with the formation of its private equity fund, Helios Investors II, and in connection with a number of investments in Africa.
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SR Technics in its $1.67 billion leveraged buyout by a consortium of three investors from the United Arab Emirates made up of Mubadala Development, Dubai Aerospace Enterprise, and Istithmar.
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ArcelorMittal on a number of transactions including its $810 million acquisition of London Mining Brasil from London Mining plc; and in its simultaneous $40.5 million acquisition of an 80% stake in Adriana Resources’ planned port facility located in the Third District of the City of Mangaratiba.
Publications
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UK National Security Regime: Annual Report 2024 and Observations on Recent Practice
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UK Government Considers Changes to National Security and Investment Regime
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UK National Security Regime: Annual Report 2023 and Observations on Recent Practice
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UK National Security Regime: Enforcement Practice and Updated Guidance
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Activists are Increasingly Seeking Novel Ways to make Directors Personally Liable
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Wide-Ranging New UK National Security Regime Comes Into Force
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How Target Shareholders Are Attacking Bids on Valuation Grounds
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New UK National Security Regime to Come Into Force in January 2022
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UK Proposes a Mandatory, Pre-Closing National Security Regime
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UK Government Prohibits Acquisition of UK Supplier of Military Aircraft Components
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UK Government Introduces New Powers to Intervene in Mergers on Public Interest Grounds
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Getting It Right – Understanding Resource Investment and Risk in Today’s Emerging Markets
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UK Public M&A Update: Changes to the UK Takeover Code in Relation to Asset Valuations
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UK Public M&A Update: Changes to the Shared Jurisdiction Regime After Brexit
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Emerging Markets Restructuring Journal, Issue No. 8 Winter 2018-2019
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UK Public M&A Update: UK Takeover Panel Publishes Consultation Paper in Relation to Asset Valuations
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Emerging Markets Restructuring Journal, Issue No. 6 Spring 2018
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Emerging Markets Restructuring Journal, Issue No. 5 Winter 2017-2018
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UK Takeover Code Update Panel publishes Response Statement 20171 Asset Sales and Other Matters
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Emerging Markets Restructuring Journal, Issue No. 4 Fall 2017
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Emerging Markets Restructuring Journal, Issue No. 3 Spring 2017
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The Emerging Markets Restructuring Journal: Issue No. 2, Fall 2016
Events
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June 5, 2024
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June 13, 2023
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May 28, 2020
COVID-19: A Guide to Secondary Equity Offerings in Europe During the Pandemic
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June 26, 2019
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March 10, 2018
Mergers and Acquisitions in India: New Opportunities and Challenges in a Dynamic India
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September 12, 2017
Opportunity, Risk and Reward: What Next for Emerging Markets?
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April 25, 2013