Khaitan & Co Advised the Wilmar Group on the proposed acquisition of up to 31.06% in Adani Wilmar Limited held by Adani Group. Adani Wilmar currently has a market cap of ~USD 5 billion.
The core team consisted of Karun Cariappa (Partner), Abhishek Dadoo (Partner), Gaurav Malhotra (Counsel), Gaurang Mansinghka (Associate) with assistance from the following:
Tax related aspects: Rahul Jain (Director) and Naveen Keshwani (Associate);
Capital market related aspects: Abhimanyu Bhattacharya (Partner);
Competition law aspects: Anshuman Sakle (Partner), Alisha Mehra (Principal Associate), Tanveer Verma (Principal Associate), Ritika Ghosh (Associate) and Sana Vaidya (Associate).
The firm advised on legal aspects of the transaction, negotiation and finalization of the transaction documentation.
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