Chemicals company BASF India has sold its leather chemicals business to Stahl India Private Limited for Rs. 197.63 crores (USD 30.35 million) through a slump sale, as reported by Livemint and Business Standard.

The K Law team advised and acted for BASF India and was led by partner Krishna Venkat and associate Arjun Menon, associate Keshav Vijayan and associate Ananya Pandit.

Other law firm advisors to the deal were Clifford Chance LLP and AZB & Partners, Bangalore.

BASF India is engaged in providing chemicals, plastics, performance enhancing and crop protection products, among others.

2017-09-30

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