Business Standard

Arpwood Capital grabs second spot in M&A firms' league

Four-yr-old boutique firm, led by Rajeev Gupta, helped Essar Oil seal deal with Rosneft for $12.9 bn

Arpwood Capital grabs second  spot in M&A firms' league

Abhineet Kumar Mumbai
It took 30 trips to Russia over two years for veteran investment banker Rajeev Gupta to bring in the single largest foreign direct investment (FDI) of $12.9 billion when he helped Ruias sell their 98 per cent interest in Essar Oil to Russian oil major Rosneft late last year. The deal included the sale of Essar’s Vadinar port in Gujarat and its facilities worth $2 billion.

This also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions (M&A) league table four years after the pure advisory

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First Published: Feb 10 2017 | 7:15 PM IST

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