South African drugmaker Adcock Ingram Holdings is selling its India business to private equity firm Samara Capital for 151 crore (about $22 million) in cash..Cyril Amarchand Mangaldas advised Adcock Ingram Holdings and the team was led by Mumbai corporate partners Ashish Jejurkar and Ramgovind Kuruppath, with tax advice given by tax partner S R Patnaik..Luthra & Luthra acted for Samara Capital with a team led Partner Bikash Jhawar along with Managing Associates Aditya Periwal and Rohan Shah and Associate Abhishek Mour..Samara Capital, founded in 2006 by Sumeet Narang, a former Citigroup India executive, is investing through its Samara Capital Partners Fund II Ltd, reports VCCircle.
South African drugmaker Adcock Ingram Holdings is selling its India business to private equity firm Samara Capital for 151 crore (about $22 million) in cash..Cyril Amarchand Mangaldas advised Adcock Ingram Holdings and the team was led by Mumbai corporate partners Ashish Jejurkar and Ramgovind Kuruppath, with tax advice given by tax partner S R Patnaik..Luthra & Luthra acted for Samara Capital with a team led Partner Bikash Jhawar along with Managing Associates Aditya Periwal and Rohan Shah and Associate Abhishek Mour..Samara Capital, founded in 2006 by Sumeet Narang, a former Citigroup India executive, is investing through its Samara Capital Partners Fund II Ltd, reports VCCircle.
