PDS Legal advised Tata Capital Healthcare Fund on selling its shares in Sandor Nephro Services, which was advised by Fox Mandal, to Fresenius Medical Care which was advised by Samvad Partners.
PDS partner Vihang Virkar, principal associate Ayesha Rai and senior associate Shailesh Ayachit acted for Tata Capital.
Samvad partner Ashwini Vittalachar, senior associates Adarsh G and Juneira Rahman and associates Riddhima Murjani and Merlyn Abraham acted for Fresenius.
Fox partner Jeevanandham Rajagopal and senior associate Vidya Sunderam acted for Sandor.
Fresenius, which is the world’s largest provider of products and services for renal care, bought 85 per cent in Sandor in this trnsaction in which all existing shareholders sold their stakes to it, reported VC Cirlce.