The Indian unit of Finnish packaging company Huhtamaki PPL will acquire Ajanta Packaging (India) for Rs 100.3 crore ($15.5 million) in an all-cash deal..Veritas Legal acted for HPPL and the team was led by Partner Tushar Raut along with Somrita Chatterji and Anish Patel..PDS Legal acted for Ajanta Packaging and the team was led by Partners Vihang Virkar and Monika Deshmukh along with Dheeraj Khanna and Shivani Shah..The entire business of Ajanta Packaging is acquired as a going concern on a slump sale basis, reported VCCircle.
The Indian unit of Finnish packaging company Huhtamaki PPL will acquire Ajanta Packaging (India) for Rs 100.3 crore ($15.5 million) in an all-cash deal..Veritas Legal acted for HPPL and the team was led by Partner Tushar Raut along with Somrita Chatterji and Anish Patel..PDS Legal acted for Ajanta Packaging and the team was led by Partners Vihang Virkar and Monika Deshmukh along with Dheeraj Khanna and Shivani Shah..The entire business of Ajanta Packaging is acquired as a going concern on a slump sale basis, reported VCCircle.
