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Khaitan acts for Dhunseri Tea on $14m sale to Tata GloBev

Tata Global Beverages Ltd (TGBL) has entered into an agreement to acquire the branded tea business of Dhunseri Tea & Industries Ltd for about ₹101 crore.
Hindu Business Line

Khaitan & Co advised Dhunseri Tea & Industries Limited led by a team of partner Haigreve Khaitan, partner Anuj Shah, partner Supratim Chakraborty, senior associate Shourya Sengupta, associate Riya Dutta with assistance from the following on indirect tax aspects: executive director Arvind Baheti; and on intellectual property aspects: partner Adheesh Nargolkar, partner Shailendra Bhandare and principal associate Gautam Banerjee.

Deal value: USD 14 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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