Covington & Burling
Washington DC, US
Tel: +1 202 662 5479
Email: [email protected]
M&A; joint ventures; corporate & commercial; private equity & finance
Ralph Voltmer is chair of Covington’s India Practice and a partner in the firm’s corporate group. Ralph has been active in India for almost 20 years working with companies such as Reliance Industries, Reliance Jio Infocomm, Balkrishna Industries, Piramal Enterprises, UPL, Mindtree, the Aditya Birla Group, the Tata Group, and OmniActive Health Technologies. He advises clients on cross-border and U.S. domestic transactions. He has advised clients on mergers & acquisitions, joint ventures, strategic alliances, and debt financings. Ralph is also actively involved in the entrepreneur community in Bengaluru and hosts quarterly workshops for entrepreneurs.
Some of Ralph’s representative India-related matters include:
- Represented Reliance Industries Limited in its acquisition of Radisys Corporation (Nasdaq: RSYS), a US publicly listed company, for US$1.72 per share in cash, which transaction involved obtaining the timely approval of the Committee on Foreign Investment in the United States (CFIUS).
- Representing Reliance Industries Limited in connection with the combination of its digital music business, JioMusic, with Saavn Media, a leading global music app, in connection with which Reliance made an up-front investment of US$124 million and made a commitment for an additional equity investment of US$80 million, all of which resulted in Reliance having a controlling interest in the combined entity, which is valued in excess of US$1 billion.
- Representing Piramal Critical Care, Inc., an indirect wholly-owned subsidiary of Piramal Enterprises Limited, on its acquisition of an Abbreviated New Drug Application relating to Levothyroxine Sodium for Injection and related assets from Fera Pharmaceuticals, LLC, Fera Development, LLC, and Oakwood Laboratories, LLC, and the negotiation of a Manufacturing Supply Agreement with Oakwood Laboratories, LLC.
- Represented Cisco Systems, Inc on its acquisition of (i) July Systems, Inc, a privately-held company headquartered in Burlingame, California with offices in Bengaluru, India; and (ii) 47Line Technologies, Inc d/b/a Cmpute.IO, a Delaware corporation together with its wholly-owned Indian subsidiary.
Ralph received his law degree from Georgetown University. He has a Master’s degree from the University of California, Riverside and obtained his undergraduate degree from Wheaton College.