Mergers & Acquisitions

Phoenix Legal has a leading M&A practice with comprehensive experience in acting for both sellers and acquirers in private as well as public transactions.

Phoenix Legal has an impressive portfolio, advising clients on international and domestic mergers and demergers, share swaps, stock and asset purchases, mergers (amalgamations) through court schemes, joint ventures, restructuring and spin-offs.

We provide innovative and all-inclusive advice aimed at maximising value for our clients. Much of this is owing to our expertise in practice areas complimenting M&A transactions. We handle various corporate, litigation, employee benefits, tax, regulatory and compliance, competition, intellectual property, and other issues related to these transactions.

We support our clients through each stage of a transaction including due diligence, finalisation of structure, preparation, negotiation and finalisation of transaction documents, seeking regulatory approvals (if required) and post-acquisition integration and transition.

Our clients include multinational corporations, well known Indian business groups, major listed and unlisted companies, private equity groups, investment houses and financial institutions.

Phoenix Legal provides timely, accurate, and astute legal services.
From corporate governance, M&A activities, tax issues, employment matters — whatever issues arise, the team at Phoenix Legal always, without fail, guides us in the right direction.

– Legal500 2026

The team keeps well abreast of changes in law that may impact us and they think about issues like they are a part of our business.
The team at Phoenix Legal has in-depth knowledge of legal matters pertaining to the transaction. They are also well versed with commercial issues. I work with people at multiple levels and find them all to be extremely responsive and efficient.

– Chambers and Partners 2025

The lawyers go to great lengths to make sure the services they provide are consistent and timely. They have a clear understanding of the subject and a clearly defined strategy for handling the issues. They are thorough about necessary compliances, highly efficient and maintain a great relationship. Provides complete answers in a quick manner and answers emails quickly.
Phoenix Legal has been our long-standing “go to” advisor for all India foreign direct investment, M&A, banking, regulatory, and general commercial matters. Blessed with a team of first-class lawyers in Delhi and Mumbai, Phoenix always deliver and a pleasure to work with even on extremely demanding and complex matters.

– Legal500 2024

A client of Phoenix Legal enthuses: “They are really fantastic. They are very commercial and user-friendly. Phoenix Legal is a breath of fresh air.” A source acknowledges that the team “understands client requirements and provides workable solutions.

– Chambers & Partners Asia-pacific 2022

Very responsive, very detailed and thorough, with great communication. Able to understand clients’ needs, translate complex Indian legal concepts into western legal language, navigate process, and explain each step and take it to completion.
Top-notch advice that takes a multi-disciplinary approach and client-first attitude with a willingness to propose third parties based on client's wishes rather than pushing internal-only solutions. There is flexibility in their approach, assignment and solution provision instead of legalese pretending to be solutions.
Phoenix Legal is responsive and insightful. They provide comprehensive overviews and detailed information and insight. They listen to our needs and concerns and help to craft the best approach for a matter.

– Asialaw 2022

Phoenix Legal has been a one-stop solution to all our legal requirements, from company compliance to trademark to litigation, they have great diversity in terms of domain and deep knowledge in each of the domains. I found the team to be responsive, friendly and commercial – a rare combination in any market.
In my experience, Phoenix Legal has been extremely diligent and ahead of the curve in a tricky policy space. The laws and policy around the digital ecosystem in India has been unpredictable and fluid and hard to negotiate. PL has the right mix of experts who can deal with the laws on this. Also, they have great partners on litigation and consultants who work with them.
Phoenix Legal has excellent resources and all required expertise in this area of practice. The team’s strength is its practical advisory capabilities and expert execution skills. The firm is reasonable and careful with its billing system and provides great legal support in a cost-efficient manner.

– Legal500 2022

Solution-based approach and good understanding of sector. Firm follows and keeps in mind our strategic objectives when providing professional advice. Availability, hard work and deep understanding of non-Indian investor needs and difficulties when investing in India.

– IFLR1000 2021

Phoenix Legal is a leading law firm in India blessed with a team of first class lawyers who provide clients with excellent user-friendly advice on foreign direct investment, corporate M&A, private equity, project finance, regulatory, tax and general commercial matters.

– Legal500 2020

Consistently excellent. Phoenix Legal is blessed with an impressive team of first class lawyers who are user-friendly, sharp and solutions-oriented.”

– Asialaw 2020

Great technical skills, aware of issues, changes in law, great drafting and appreciating issues.

– Asialaw 2019

Excellent and great guidance.

– IFLR1000 2019

Phoenix Legal’s ‘highly rated’ practice provides ‘excellent quality advice and great access to partner time.’

– Legal500 2019

Sources are attracted by the firm's business acumen and level of client service, saying: "Their strengths have been attention to detail and its rigorous approach to the deal." Another interviewee notes: "They are very commercial and they help you navigate difficult Indian regulations."

– Chambers and Partners 2018

Clients are in capable hands with Phoenix Legal’s team. “The firm understands which advice non-Indian clients need in order to make sound business decisions,” comments a client.

– Asialaw 2018