United Spirits has sold about 32 mass-priced brands, including Haywards, Old Tavern, White-Mischief, Green Label and Romanov, to Singapore headquartered Inbrew for a total cash consideration of ₹828 crore (US$ 108 million).
Khaitan & Co advised Inbrew Beverages on the deal.
The core team consisted of Bharat Anand (Partner), Tanvi Kumar (Partner), Nimisha Trehan (Principal Associate), Pranay Kapoor (Senior Associate), Nikita Bhuwania (Principal Associate) and Suraj Prasad Meher (Senior Associate).
Nirupam Lodha (Partner) and Shivangi Narang (Senior Associate) advised on IP aspects, and Manisha Shroff (Partner) and Smita Jha (Partner) led the financing workstream.
The deal team was assisted by the following specialist teams:
Intellectual Property due diligence: Akriti Shashni (Senior Associate), Charu Shukla (Associate), Gautam Wadhwa (Associate), Shifa Ashraf (Associate)
Financing aspects: Nandini Paliwal (Principal Associate), Anmol Bhargava (Senior Associate), Nikunj Mehta (Associate), and Rajshekhar Upadhyaya (Associate)
Real Estate aspects: Sudheer Madamaiah (Partner), Kartik Shiv Kumar (Principal Associate), and Mukund Ullur (Senior Associate)
Litigation aspects: Rajat Jariwal (Partner), Anupinder Singh Jassal (Principal Associate), Shruti Khanijow (Principal Associate), and Aayushi Khurana (Associate)
Indirect Tax aspects: Ayush A. Mehrotra (Partner), and Upkar Agrawal (Senior Associate)
Competition aspects: Pranjal Prateek (Partner), and Armaan Gupta (Associate)
The other legal advisors who acted on the deal are Touchstone Partners, Trilegal, Reed Smith LLP and White & Case LLP.
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