Deal/case name
Innovative Logistics Service Private Limited to acquire Patel Roadways division of Patel Integrated Logistics Limited.
Practice area(s)
Corporate M&A
Industry sector(s)
Logistics
Date completed (MM/YY) / ongoing
Ongoing
Value (currency)
INR 385,000,000
Client(s) advised
Innovative Logistics Service Private Limited
Lead partner from your firm
Darshan Upadhyay (Partner)
Other lawyers from your firm involved
Amit Manubarwala (Partner)
Ananthram Ganesh (Senior Associate)
ELP’s role on the deal/case
ELP assisted the client with legal due diligence, drafting and negotiating the transaction documents.
Other law firms involved and their roles
Ernst & Young
Crawford Bayley & Co.
Governing law
India
Description
Innovative Logistics Service Private Limited’s board has agreed to acquire the Patel Roadways division of Patel Integrated Logistics Limited.
Why is this deal/case significant?
Business transfer of a listed company’s business which involved insider trading advice since the acquirer may have been in a position to receive unpublished price sensitive information.
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