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D&D, JSA act on $61m Timken takeover of ABC Bearings

Timken India Ltd, a subsidiary of The Timken Company, a global leader in engineered bearings and power transmission products, has completed the previously announced acquisition of ABC Bearings Ltd, a manufacturer of tapered, cylindrical and spherical roller bearings and slewing rings, based in India.
Hindu Business Line

The deal was first announced in July 2017.

Desai & Diwanji advised ABC Bearings Ltd. led by a team of partner Shrivardhan Sinha, partner Aneesh Gupte, associate Debashree Dey.

J Sagar Associates (JSA) acted for Timken India Ltd, with partner Vikram Raghani, partner Jamshed Bhumgara, partner Birbahadur Sachar, and associate Avinash Jethwani.


Deal value: INR 420 crores

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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