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SAM acts on $25.82m Cosmic Ferro insolvency

The deal involves a consortium of United Tradeco FZC and QVC Exports Private Limited, on their acquisition of Cosmic Ferro Alloys Limited. This acquisition is pursuant to the corporate insolvency process of Cosmic Ferro Alloys Limited and a successful approval of the resolution plan in the National Company Law Tribunal, according to Cosmic Ferro’s statement about the insolvency.

Shardul Amarchand Mangaldas & Co advised the resolution professional led by a team of partner Anoop Rawat.

2018-10-11

Deal value: US$ 25.82 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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