Khaitan, Tatva on $90m BMM-Sagar cement M&A

Khaitan & Co advised BMM Cements and its promoters on their Rs 560 crore ($90m) buy of Sagar Cements, which was advised by Tatva Legal.

Khaitan Bangalore partner Ganesh Prasad acted for BMM Cements. Tatva Hyderabad partners Shailendra Komatreddy and Rajeev Reddy acted for Sagar Cements.

The deal was approved by Hyderabad-based Sagar’s board of directors In September.

Comments

Competition Guy 4 Dec 2014, 05:38
+1 -2
Have they taken approval of competition commission?
Sherlock 4 Dec 2014, 17:35
+3 -8
Congratulations. Seems like Ganesh Prasad is really doing well.
maybe 5 Dec 2014, 04:34
+6 -3
But no credit to the firm... He is the only one keeping the bangalore practice alive...
Hola 5 Dec 2014, 05:28
+2 -0
Its not BMM buy of Sagar but is Sagar buy of BMM