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Khaitan, Tatva on $90m BMM-Sagar cement M&A

Khaitan & Co advised BMM Cements and its promoters on their Rs 560 crore ($90m) buy of Sagar Cements, which was advised by Tatva Legal.

Khaitan Bangalore partner Ganesh Prasad acted for BMM Cements. Tatva Hyderabad partners Shailendra Komatreddy and Rajeev Reddy acted for Sagar Cements.

The deal was approved by Hyderabad-based Sagar’s board of directors In September.

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