AZB acts on $5.5m Centum JV divestment to NZ’s Rakon

“Centum Electronics Ltd has signed Share Purchase Agreement (SPA) with Rakon Limited for the sale of entire 51% stake held by the company in Centum Rakon India Private Limited.The consideration to be received for the sale transaction is US$ 5.50 million,” reported Equitybulls.

AZB & Partners advised Centum Electronics Limited led by a team of partner Srinath Dasari and lawyer Ranjith Kumar.

2018-04-27

Deal value: Rs 36.5 crore ($5.5m)

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