AZB acts for Sterlite on $34.5m buy of Italy’s Optotec

New Delhi: ([Sterlite Technologies Limited) … said it will acquire Optotec, an optical interconnect products company based in Italy. The deal involves acquisition of 100 per cent of Optotec’s shareholding at an enterprise value of EUR 29 million, a statement by STL said.

The Economic Times

AZB & Partners advised Sterlite Technologies Limited led by a team of partner Anand Shah, senior associates Vishal Achanta and Siddharth Paranjpe.

2021-01-08

Deal value: EUR 29 Mn / approx. USD 34.46 Mn

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