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Link Legal, Murali Ananthasivan Chambers advise L&T Tech on $13m buy of Graphene Semiconductor

Engineering services firm, L&T Technology Services has entered into a definitive agreement to acquire 100% stake in Bangalore-based Graphene Semiconductor Services for Rs 93 crores (around $12.9m) in an all cash deal, reported The Economic Times and MoneyControl. The transaction is expected to close by October 2018.

A Link Legal India Law Services team advised on the due diligence matter of the transaction for Graphene Semiconductor and its subsidiaries, and also assisted in drafting, negotiating and executing the transaction documents. The team comprised of partner Manish Gupta, principal associates Vinu Peter and Pratyush Khurana and associate Anubhuti Bhardwaj.

Bangalore-based Chambers of A Murali advised Graphene Semiconductor Services Limited, led partner Murali Ananthasivan (who was formerly at J Sagar Associates (JSA)) and Aishwarya AK.

Headquartered in Bangalore, Graphene is a semi-conductor services design and consulting company, providing chip design, embedded software and other solutions and has presence in India, Singapore, Taiwan, and Malaysia.

2018-09-06

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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