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
Bangalore-based Chambers of A Murali advised Graphene Semiconductor Services Limited, led
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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Excellent work from Manish, as always.
LL-ILS has great people, it is just that there are not enough number of people in transactional practice. There are a lot of other people who do advisory work. Venky is probably the only other equity partner who has some sort of standing in transactional practice, and I am sure that his work speaks for himself. Milind does a few transactions too, but from what I have heard, mostly cap marks and nothing related to anything to do with Pvt Cos.
With the new guy in, I am sure that LL's corporate practice would improve, and there would be talk about the new guy as well.
Good luck everyone!
Anyway, Venky you say, eh? I have been out to lunch ever since I gradated, don't you think?
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