RP-Sanjiv Group’s retail arm Spencer’s Retail has acquired Grodrej group’s premium food retailing venture, Natures Basket, for around Rs 300 crore in an all-cash deal. Nature’s Basket operates 36 stores in Mumbai, Pune and Bengaluru. Nature’s Basket is a wholly-owned subsidiary of Godrej Industries.
— The Economic Times
Trilegal advised Godrej Industries Limited led by a team of The Trilegal team was led by partner Kunal Chandra and senior associate Akshat Shrivastava.
The Godrej in-house legal team also advised on the deal, including Pankaj Phadnis and Shrenik Jain.
Khaitan & Co acted for Spencer’s Retail Limited, led by partners Ashraya Rao and Surbhi Kejriwal and senior associate Ayush Nanda.
Deal value: INR 300 crore
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.
Click here if you are working with a law firm that has not been credited for this deal, and we will update the report promptly.
Click to show comments
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.
threads most popular
thread most upvoted
comment newest
first oldest
first
threads most popular
thread most upvoted
comment newest
first oldest
first