•  •  Dark Mode

Your Interests & Preferences

I am a...

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

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Bharucha acts on $21.5m UltraTech sale of Bangladesh subsidiary to HeidelbergCement (Nov ‘19)

UltraTech Cement Ltd on Tuesday said it will sell its entire stake in Bangladesh-based Emirates Cement Bangladesh Ltd (ECBL) and Emirates Power Company Ltd (EPCL) to Germany’s HeidelbergCement for an enterprise value of $29.5 million (about Rs 211.48 crore).

Business Standard

Bharucha & Partners advised UltraTech Cement Limited led by a team of partner Alka Bharucha, managing associate Ayesha Bharucha, associate Aishwarya Gupta.

Bangladesh-based law firm S Hossain & Associates led by partner Sanwar Hossain acted as local counsel for UltraTech Cement Limited.

Deal value: Approx $21.52m


This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

No comments yet: share your views