LafargeHolcim is selling its Lafarge India business to Nirma Ltd. for an enterprise value of around $1.4 billion (9,300 crore)..AZB & Partners’ Ashwath Rau along with Dhruv Singhal, who recently moved from Cyril Amarchand Mangaldas, are advising LafargeHolcim..Cyril Amarchand Mangaldas Competition Partner Nisha Kaur Uberoi, who has also resigned to move to AZB, is advising Holcim Lafarge on competition law aspect. Uberoi is still on notice period..Crawford Bayley advised Nirma with a team led by Partner Sanjay Asher and Associate Partner Bhumika Batra along with Sanchita Shetty, Sanskriti Relekar, Anuja Takle Aparajita Chakraborty and Megha Shankar..The deal, the proceeds of which will be used to pay down LafargeHolcim’s debt, is subject to approval by the Competition Commission of India.
LafargeHolcim is selling its Lafarge India business to Nirma Ltd. for an enterprise value of around $1.4 billion (9,300 crore)..AZB & Partners’ Ashwath Rau along with Dhruv Singhal, who recently moved from Cyril Amarchand Mangaldas, are advising LafargeHolcim..Cyril Amarchand Mangaldas Competition Partner Nisha Kaur Uberoi, who has also resigned to move to AZB, is advising Holcim Lafarge on competition law aspect. Uberoi is still on notice period..Crawford Bayley advised Nirma with a team led by Partner Sanjay Asher and Associate Partner Bhumika Batra along with Sanchita Shetty, Sanskriti Relekar, Anuja Takle Aparajita Chakraborty and Megha Shankar..The deal, the proceeds of which will be used to pay down LafargeHolcim’s debt, is subject to approval by the Competition Commission of India.
