•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Khaitan, Trilegal turn leaf on $423m paper maker acquisition

Khaitan & Co and Trilegal have advised on US-based International Paper’s 53 per cent acquisition of Andhra Pradesh Paper Mills (APPM) for $247m in cash along with $62m as seller’s non-compete fee.

Khaitan & Co partners Haigreve Khaitan, Bharat Anand and Daksha Baxi advised the promoters of APPM while Trilegal co-founding partner Anand Prasad led for the NYSE-listed International Papers.

The deal also includes a mandatory public offering worth $104m for the shareholders of APPM by International Papers.

Click to show 4 comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.