Luthra assists ArcelorMittal to enter India through Uttam Galva acquisition

Bar & Bench September 8 2009
ArcelorMittal

Luxembourg-headquartered ArcelorMittal has found a foothold in the Indian steel market by acquiring a 5.3% stake in Uttam Galva Steel. Confirming rumors, Rajiv Luthra, Managing Partner of Luthra & Luthra, said that their office was advising on the transaction but refused to comment any further on the ongoing transaction. The team working on this transaction comprises Managing Partner Rajiv K. Luthra, Senior Partner Mohit Saraf, Partners Sameen Vyas and Sundeep Dudeja, Senior Associate Shishir Vayttaden and Associate Jitender Tanikella.

Luxembourg-headquartered ArcelorMittal has found a foothold in . . .

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