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Khaitan, Legasis do $6.5m sale of Chandra Container Freight Stations to Team Global Logistics

Gateway Distriparks has entered into a share purchase agreement to sell its second CFS - Chandra CFS & Terminal Operators Private Limited - to Team Global Logistics Private Limited (TeamGlobal), for ₹47 crore and an amount equal to earnings before depreciation and amortisation for a period of April 1, 2019 to closing date.

Hindu Business Line

Khaitan & Co advised Gateway Distriparks Limited led by a team of partner Prasenjit Chakravarti, principal associate Nitish Goel and senior associate Sushmita Sarin.

Legasis Partners advised Team Global Logistics Private Limited. led by a team of partner Apurv Sardeshmukh, partner Kailash Lad, principal associate Hemant Oltikar, senior associate Mugdha Joshi, associate Aanchal Lamba, associate Shruti Salian, associate Farhad Dalal, associate Divya Patil, associate Avadhoot Potnis.


Deal value: $6.5m

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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