Skip to main content

news

Shardul Amarchand Mangaldas (SAM) and Mori Hamada and Matsumoto have advised Japan agricultural machinery maker Kubota on its proposed $1.26 billion acquisition of a bigger stake in Indian tractor manufacturer Escorts, which was counselled by DMD Advocates.

With this deal, the Osaka-headquartered Kubota increases its stake from 9.09 per cent to 53.5 per cent. Escorts is India’s fourth-largest tractor maker, with a 12 percent market share.

The SAM team was led by executive chairman Shardul Shroff and partner Rudra Kumar Pandey, with assistance from partners Amanjot Malhi, Aparna Mehra, Rohan Arora, Kshitij Sharma, Amit Singhania, Mrinal Kumar, Shrutikirti Kumar, Pooja Ramchandani, Binsy Susan and Nawneet Vibhaw.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Trilegal, CAM advise on $900 mln Brookfield-Gentari deal amid renewable M&A surge

by Nimitt Dixit |

Trilegal and Cyril Amarchand Mangaldas have advised on Brookfield Asset Management's $900 million sale of a 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India, a Petronas Group company.

Deals

Trilegal, CAM, Khaitan advise on $300 mln EnerGrid green energy platform

by Nimitt Dixit |

Trilegal and Cyril Amarchand Mangaldas have advised Norwegian and British investors on the formation of $300 million green energy platform EnerGrid, in partnership with IndiGrid, the Mumbai-based power transmission infrastructure investment trust backed by KKR.

Deals

Simpson Thacher, and Nishimura guide KKR's $2.55 bln exit from Seiyu

by Nimitt Dixit |

U.S. law firm Simpson Thacher & Bartlett and Japanese Big Four firm Nishimura & Asahi have advised private equity giant KKR on its $2.55 billion exit from Japanese supermarket chain Seiyu through a sale to Trial Holdings.