The news that confectionary giant Mars had agreed to acquire Britain’s Hotel Chocolat in a $660 million transaction in November led analysts to debate whether Mars or Hotel Chocolat's shareholders had secured the better early Black Friday deal. The transaction was also seen as a welcome sign of confidence from U.S. investors in strategic U.K. assets.

Article originally published on Global Banking & Finance Review, May 2022.

Leading global professional services firm Alvarez & Marsal (A&M) India has announced the appointment of Sandeep Pangal as Senior Advisor in the Corporate Finance and Restructuring group in Mumbai.

A&M India advised on the historic Essar Steel Ltd deal. Managing Directors Nandini Chopra, Vivek Kamra, and Nikhil Shah supported the insolvency proceedings of India’s biggest Insolvency and Bankruptcy Code (IBC) recoveries.