Luthra & Luthra Facilitates Sanyo Special Steel's Strategic Stake Acquisition in Indian Subsidiary"
Luthra and Luthra Law Offices India assisted Sanyo Special Steel Co. Ltd in obtaining the Competition Commission of India's approval for acquisition of 15.43% shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co.
Sanyo Special Steel Co. Ltd is a Japan-based company that manufactures and sells steel products globally. It has manufacturing hubs in Europe and India and is engaged in manufacturing and marketing of various special steel products, including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. It is part of the Nippon Steel Corporation Group.
The Team was led by Partner, G R Bhatia, Partner Designate - Arjun Nihal Singh and ably assisted by Associates - Manav Gupta, Sanyam Juneja and Toshika Soni.