Tata Steel Limited’s subsidiary TM International Logistics Limited (TMILL) has divested its entire stake in TM Harbour Services Private Limited (TM Harbour) to Adani Ports for a consideration of Rs. 106.27 crore..Upon the completion of the transaction, TM Harbour would become a wholly-owned subsidiary of Adani Ports..DealAdani Ports acquires TM Harbour from TMILLValue106 croreDeal TypeM&ASectorShippingLaw firmsArgus Partners – TMILL; Cyril Amarchand Mangaldas – Adani PortsPartners/ HeadsArgus Partners – Arka Majumdar; Cyril Amarchand Mangaldas – Smruti Shah.Argus Partners acted for TMILL, through a team led by Partner Arka Majumdar, along with Managing Associate Nidhi Arya..Cyril Amarchandas Mangaldas advised Adani Ports, with a team led by Partner Smruti Shah.
Tata Steel Limited’s subsidiary TM International Logistics Limited (TMILL) has divested its entire stake in TM Harbour Services Private Limited (TM Harbour) to Adani Ports for a consideration of Rs. 106.27 crore..Upon the completion of the transaction, TM Harbour would become a wholly-owned subsidiary of Adani Ports..DealAdani Ports acquires TM Harbour from TMILLValue106 croreDeal TypeM&ASectorShippingLaw firmsArgus Partners – TMILL; Cyril Amarchand Mangaldas – Adani PortsPartners/ HeadsArgus Partners – Arka Majumdar; Cyril Amarchand Mangaldas – Smruti Shah.Argus Partners acted for TMILL, through a team led by Partner Arka Majumdar, along with Managing Associate Nidhi Arya..Cyril Amarchandas Mangaldas advised Adani Ports, with a team led by Partner Smruti Shah.