Click Here To Read LiveLaw Hindi- The First Hindi Legal News Website

Shardul Amarchand Mangaldas & Co advises Cube Highways and Infrastructure on the Rs. 575 crores acquisition of Western UP Tollway

Shardul Amarchand Mangaldas & Co acted as the legal advisor to Cube Highways and Infrastructure Pte Limited in its acquisition of Western UP Tollway Limited, for an Enterprise value of Rs. 575 Crore (subject to certain closing adjustments). The transaction is expected to closed by By March, 2016. Cube Highways and Infrastructure Pte Limited, is an investment platform funded by ISquared Capital (a global investment fund) and IFC (the private sector investment arm of the World Bank).

The SAM & Co team was led by Mr. Jatin Aneja, Partner, and included Ms. Anubhuti Agarwal, (EX- SAM & Co. Partner); Mr. Siddhartha Sen, Principal Associate; Mr. Varun Nair, Senior Associate; and Mr. Dhrupad Pant, Associate. The Team was involved in all legal aspects of the deal including structuring, drafting, negotiating and finalization of the transaction documents, and assisting in completion of closing related formalities.

As a part of the transaction, Cube Highways and Infrastructure Pte Limited has agreed to acquire a 100% stake in Western UP Tollway Limited from NCC Limited, NCC Infrastructure Holding Limited, Gayatri Projects Limited and Gayatri Infra Ventures Limited.

Got Something To Say:

Your email address will not be published. Required fields are marked *