Hammurabi, Vertices lead on Cadila acquisition of stake in Windlass for 155 crore

Bar & Bench November 5 2018

Drug firm Cadila Healthcare has acquired 51% stake in Windlass Healthcare for Rs. 155.55 crore.

Hammurabi & Solomon represented Cadila Healthcare, with a team led by Partner Pathik Arora, who now has joined Senvion as the India GC, and counsel Gaurav Adusumalli.

Vertices Partners acted for Windlass Healthcare with a team led by Managing Partner Vinayak Burman.

The acquisition, all in cash, will be completed by the end of September 2018.