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Deal News

Desai & Diwanji advised Shapoorji Pallonji Group in a deal valued at INR 4,400 crore.

LIVELAW NEWS NETWORK
29 Sep 2021 6:36 AM GMT
Desai & Diwanji advised Shapoorji Pallonji Group in a deal valued at INR 4,400 crore.
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Desai and Deewanji recently closed a deal for Eureka Forbes.Desai & Diwani advised Shapoorji Pallonji & Company Limited, the promoters of Eureka Forbes on the proposed sale of their shareholding in Eureka Forbes Limited to Advent International for a consideration of INR 4,400 crore. The transaction team was led by partners Apurva Diwanji and Natasha Treasurywala along with partner...

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Desai and Deewanji recently closed a deal for Eureka Forbes.

Desai & Diwani advised Shapoorji Pallonji & Company Limited, the promoters of Eureka Forbes on the proposed sale of their shareholding in Eureka Forbes Limited to Advent International for a consideration of INR 4,400 crore. The transaction team was led by partners Apurva Diwanji and Natasha Treasurywala along with partner Farida Dholkawala, associate partner Sameer Patel, associate partner Shireen Langrana and associate Alister Sequeira. The diligence team included associate partners Debashree Dey and Yuvraj Singh, senior associate Mitra Arabandi, associates Vibhav Seth, Kunal Pradhan, Amanee Kadakia and Savari Doshi.

Standard Chartered Bank served as sole financial advisor and Katalyst Advisors Pvt Ltd as structuring and tax advisors.

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