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by Legal Desire
18 August 2026

Sidley Advises Goldman Sachs and BNP Paribas on India’s Largest-Ever Offer for Sale: Government of India’s US$3.3 Billion Stake Sale in LIC

Advising firms

Deal team

4 lawyers named
LawyerFirmSeniorityPracticeOffice
Manoj Bhargava Lead Sidley Not stated Not stated Singapore
Rachna Talati Sidley Not stated Not stated Singapore
Oindree Bandyopadhyay Sidley Not stated Not stated Singapore
Dhanush Dinesh Sidley Not stated Not stated Singapore

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Stated terms

Stated value
USD 3.30bn (US$3.3 billion)
What the figure measures
Total transaction value
Client
Government of IndiaIssuer
Counterparties
Life Insurance Corporation of India (LIC) (Other)