Posted on January 22, 2019
Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust have in principle agreed to acquire 100% of the Government of India’s shares in Dredging Corporation of India Limited for a 73.47% of total shareholding. “Four major ports sign MoU to buy government stake in DCI: To seek exemption from open offer,” reported Hindu Business Line.
HSA Advocates advised Vishakhapatnam Port Trust, Paradeep Port Trust, Jawahar Lal Nehru Port Trust and Deendayal Port Trust led by a team of senior partner Anjan Dasgupta and partner Aninda Pal.
Link Legal India Law Services acted as legal advisor to the Government of India.
2018-11-01
Deal value: Confidential
This deal report is based on a firm’s press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
Source: Legally India
