Trilegal, Khaitan, SAM lead on Blackstone acquisition of Essel Propack

Bar & Bench May 1 2019
Blackstone acquires Essel Propack

Blackstone Group is buying a majority stake in packaging company Essel Propack Ltd for about $310 million. The New York-based PE firm has signed a definitive agreement with Essel Propack’s promoter, Ashok Goel, to buy a 51% stake at ₹134 a share, reported Mint.

Trilegal acted for Blackstone and the team was led by Partners Nishant Parikh and Anirudh Agarwala along with Senior Associates Debaditya Dutta, Aakriti Shakder and Sibani Saxena and Associates Prarthna Baranwal, Snighda Guha ROY, Vikram Lakshman, Vatsla . . .

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