Cyril Amarchand Mangaldas acted as the legal counsel to the Adani Group on its acquisition of controlling desire held by Holcim Team in Ambuja Cements Restricted and ACC Restricted. This is the greatest transaction in India’s infrastructure and components space, valued at USD 10.5 billion, and has induced two open up provides, each in regard of Ambuja Cements Limited and ACC Restricted.
The Typical Company (exclusively General public M&A), Funding and Opposition Legislation Practices of Cyril Amarchand Mangaldas encouraged on the Transaction. The transaction was led by Cyril Shroff, Managing Companion alongside with Anchal Dhir, Companion and Paridhi Adani, Associate.
The Open Present course of action is being led by Anchal Dhir, Spouse along with Aditya Prasad, Husband or wife and Navin Kumar, Lover.
The Funding features of the transaction had been led by Santosh Janakiram, Husband or wife & Head-Assignments and Subhalakshmi Naskar, Husband or wife with guidance from Anand Deshpande, Principal Associate.
The Level of competition Regulation advisory and application method was led by Avaantika Kakkar, Companion and Head Competitors and Kirthi Srinivas, Associate, with support from Aakriti Thakur, Affiliate, Swaha Sinha, Affiliate.
The Owing Diligence Group provided (i) Corporate and Finance – Anand Deshpande, Principal Affiliate Suryanarayana Mohan, Affiliate and Janani Chandrasekaran, Associate (ii) Litigation – Monark Gahlot, Of Counsel Anush Mathkar, Principal Associate and Rishit Vimadalal Affiliate (iii) Opposition Law – Kirthi Srinivas, Partner and Shivani Sathe, Associate.
As a portion of the Transaction, Endeavour Trade and Financial commitment Ltd (a Mauritius incorporated corporation belonging to the Adani Group) is to receive 100% shareholding of Holderind Investments Ltd, Mauritius (promoter of Ambuja Cements Ltd and ACC Ltd) from Holderfin B.V, a Holcim team corporation.
Latham & Watkins acted as English legislation counsels to Adani Team for the Transaction.
The Transaction was signed on 15th May, 2022.
The article Cyril Amarchand Mangaldas advises on acquisition of Ambuja Cement and ACC Ltd by the Adani Team for USD 10.5 billion appeared first on Lawful Desire.