Continental Warehousing Corporation (Nhava Seva) Ltd., (CWCNSL), a 90%-owned subsidiary of Hindustan Infralog Pvt. Ltd. (HIPL), has acquired 76% stake in Kribhco Infrastructure Ltd. (KRIL), an integrated multi-modal logistics operator for an unspecified amount. Hindustan Infralog is a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF). — The Hindu
J Sagar Associates (JSA) advised the sellers,
Platinum Partners acted for
PwC and Citi Investment Banking were the also involved in the transaction.
2019-05-23
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.