JSA, Khaitan act on Rico Auto exit from JV FCC RICO

Aditya AK January 8 2015

Rico Auto Industries has sold 50% of its equity stake in its former Joint Venture - FCC RICO to its Joint Venture partner - FCC Co. Limited, Japan for 495 crore.

J. Sagar Associates acted for Rico Auto with a team led by Partners Venkatesh Raman Prasad and Akshay Nagpal along with Associates Shivani Chugh, Upasana Gupta, and Sonali Kapoor. Partner Amitabh Kumar and Senior Associate Gautam Shahi advised on the competition law aspects.

Khaitan & Co advised FCC Co. Japan, with a team led . . .

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