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Bharucha, CGM act for Kalpataru Power on $8.8m buy in Brazil

New Delhi: Kalpataru Power Transmission Ltd (KPTL) on Friday said its wholly owned subsidiary in Brazil has signed a definitive agreement to acquire 51 per cent stake in Fasttel Engenharia Ltd in the South American country, for USD 8.80 million (over Rs 64 crore).

The Economic Times

Bharucha & Partners advised Kalpataru Power Transmission Limited led by a team of partner Alka Bharucha, senior associate Neekesh Shetty, and associate Johann Valladares.

Brazil-based firm CGM Advogados acted as local counsel to Kalpataru Power Transmission Limited with respect to the transaction.


Deal value: Approximately USD 8.8 million.

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.

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