Navneet Education Limited has acquired a 100% stake in Encyclopaedia Brittanica (India) Private Limited for an undisclosed amount..DealNavneet Education Limited acquires Encyclopaedia Brittanica (India) Private LimitedValue NADeal TypeM&ASectorEducationLaw FirmsIndusLaw – Navneet; Shardul Amarchand Mangaldas – Encyclopaedia Brittanica IndiaPartners/HeadsIndusLaw – Suneeth Katarki and Nishant Singh; SAM – Gaurav Singhi, Mukul Baveja and Abhay Sharma.IndusLaw acted for Navneet on the deal, through a team led by Partners Suneeth Katarki and Nishant Singh, along with Senior Associate Mini Kapoor and Associates Sonu Varghese, Niriksha Sanghavi, Priyank Nanavati, Arijit Sarkar and Anindita Ganguly..Partner Avik Biswas and Principal Associate Prashant Kumar advised on employment law issues, whereas Principal Associate Aditi Verma Thakur advised on intellectual property issues..Shardul Amarchand Mangaldas advised Encyclopaedia Brittanica India, through a team led by Partners Gaurav Singhi, Mukul Baveja and Abhay Sharma, along with Senior Associates Ruhi Goswami and Rohan Sharda..This is a landmark deal in the Indian education space, that will provide Navneet access to newer international markets. The Navneet-owned Britannica business unit has also acquired brand rights for the brand names “Britannica” and “Encyclopædia Britannica”.
Navneet Education Limited has acquired a 100% stake in Encyclopaedia Brittanica (India) Private Limited for an undisclosed amount..DealNavneet Education Limited acquires Encyclopaedia Brittanica (India) Private LimitedValue NADeal TypeM&ASectorEducationLaw FirmsIndusLaw – Navneet; Shardul Amarchand Mangaldas – Encyclopaedia Brittanica IndiaPartners/HeadsIndusLaw – Suneeth Katarki and Nishant Singh; SAM – Gaurav Singhi, Mukul Baveja and Abhay Sharma.IndusLaw acted for Navneet on the deal, through a team led by Partners Suneeth Katarki and Nishant Singh, along with Senior Associate Mini Kapoor and Associates Sonu Varghese, Niriksha Sanghavi, Priyank Nanavati, Arijit Sarkar and Anindita Ganguly..Partner Avik Biswas and Principal Associate Prashant Kumar advised on employment law issues, whereas Principal Associate Aditi Verma Thakur advised on intellectual property issues..Shardul Amarchand Mangaldas advised Encyclopaedia Brittanica India, through a team led by Partners Gaurav Singhi, Mukul Baveja and Abhay Sharma, along with Senior Associates Ruhi Goswami and Rohan Sharda..This is a landmark deal in the Indian education space, that will provide Navneet access to newer international markets. The Navneet-owned Britannica business unit has also acquired brand rights for the brand names “Britannica” and “Encyclopædia Britannica”.
