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Link, Chaddha & Co act on $6.3m Kobe Steel buyout of L&T steel JV

Kobe Steel has fully taken over L&T Kobelco Machinery (LTKM), which designs and manufactures machinery for producing car and construction equipment tires, including rubber mixers and twin screw roller head extruders.

Tiretechnologyinternational

Link Legal India Law Services advised Larsen & Toubro Limited led by a team of partner Manish Gupta; principal associate Vinu Peter Immanuel and senior associate Ashish Ahluwalia.

Chaddha & Co represented the acquirer Kobe Steel Limited, led by partner Neeraj Prakash, associate Syed Yusuf Hasan; partners Ashish Gupta and Savita Sarna also worked on some aspects of the deal.

Deal value: Rs 43.5 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.

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