Ajay B. Lele
  1. Counsel

Mr. Lele is counsel in Davis Polk’s Corporate Department, practicing in the Mergers & Acquisitions Group. His practice includes all aspects of mergers and acquisitions, including public and private company transactions, private equity transactions and joint ventures.

Work Highlights

Recent Representations
  • Heineken in the acquisition of the second-largest beer company in Brasil from Kirin
  • Dyal Capital Partners in its strategic minority investments in Atalaya Capital Management and Sound Point Capital
  • Sheltered Harbor LLC, an industry-led not-for-profit organization operated under the auspices of the Financial Services Information Sharing and Analysis Center (FS-ISAC), on its formation and related transactions
  • Strategic Growth Bank and Strategic Growth Bancorp in their merger with Sunflower Financial to form FirstSun Capital Bancorp
  • Axel Springer SE in its acquisition of eMarketer Inc.
  • Lockheed Martin in its acquisition of Sikorsky Aircraft
  • Bertelsmann in the formation of Penguin Random House with Pearson plc and subsequent increase of Bertelsmann’s ownership to 75%
  • Comcast on the strategic investments by NBCUniversal in BuzzFeed
  • Banco Santander in its $3.1 billion exchange offers to acquire additional equity of Banco Santander (Brasil) S.A.
  • Sterling Financial Corporation in its $2 billion merger with Umpqua Holdings Corporation
  • Murphy Oil Corporation in the sales of its Meraux, Louisiana refinery to Valero and its Superior, Wisconsin refinery to Calumet Specialty Products Partners
  • Sponsors in connection with the backstop of a $355 million equity rights offering to finance Cooper-Standard Automotive’s emergence from Chapter 11
  • Morgan Stanley in the $1.5 billion sale of Van Kampen to Invesco
  • Citigroup in the establishment of Morgan Stanley Smith Barney
  • Limited Brands in the divestitures of Express and Limited Stores
  • Patriot Coal in its acquisition of Magnum Coal

Professional History

  • Counsel, 2010-present
  • Associate, 2000-2010

Practice Focus

Bar Admissions

  • State of New York


  • B.S.E., Industrial Engineering, Arizona State University, 1997
    • summa cum laude
  • J.D., Yale Law School, 2000