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A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021. REUTERS/Francis Mascarenhas

Trilegal has advised Indian investment firm Edelweiss on its 60-billion-rupee ($725 million) acquisition of L&T Infrastructure Development Projects from a joint venture between Canadian pension fund CPP Investments Board and construction firm Larsen & Toubro.

AZB & Partners acted as counsel for Larsen & Toubro, while Cyril Amarchand Mangaldas represented CPPIB.

According to Reuters, L&T Infrastructure Development Projects Limited owned eight roads and one power transmission asset in India. It added that while the deal is subject to regulatory approval and other conditions, it will give Edelweiss' platform 26 assets with a mix of power transmission, substations and highway assets across the country.

The Trilegal team was led by partners Neeraj Menon and Kunal Chandra.

 

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