Luthra, CAM on Essel acquisition of two KNR-Patel Engineering projects for 850 crore

Essel Group will acquire two road projects from a joint venture between Hyderabad-based KNR Constructions and Patel Engineering for an enterprise value of Rs 850 crore.

Deal
Essel acquires two road projects from KNR-Patel Engineering

Value
Rs. 850 crore

Deal Type
M&A

Sector
Infrastructure

Law Firms
Luthra & Luthra - Essel Group; Cyril Amarchand Mangaldas - KNR, Patel Engineering

Partners/Heads
Luthra & Luthra - Bikash Jhawar and Aditya Periwal; Cyril Amarchand Mangaldas - Ajay Sawhney

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