Khaitan & Co advised the Wilmar Group on the acquisition of 13.00% in AWL Agri Business Ltd (formerly known as Adani Wilmar Ltd) held by Adani Group for a total consideration of USD 525.61 million. The firm advised on legal aspects of the transaction, negotiation and finalization of the transaction documentation.
The deal was assisted by:
Direct Tax: Rahul Jain (Partner) and Naveen Keshwani (Associate)
Competition / Antitrust: Anshuman Sakle (Partner), Alisha Mehra (Principal Associate), Tanveer Verma (Principal Associate), Rishabh Vohra (Senior Associate), Ritika Ghosh (Associate) and Sana Vaidya (Associate)
The core team consisted of Karun Cariappa (Partner), Abhishek Dadoo (Partner), Gaurang Mansinghka (Senior Associate) and Krithika Kataria (Associate)