Competition watchdog CCI has cleared Japan-based Nippon Steel & Sumitomo Metal Corporation’s acquisition of 51 per cent shareholding in Sanyo Steel.
— The Economic Times

Sanyo is active in Indian special steel manufacturing via subsidiaries Sanyo Special Steel India and Mahindra Sanyo Special Steel Pvt Ltd.

L&L Partners advised Nippon Steel and Sumitomo Metal Corporation (NSSMC) led by a team of partner Abdullah Hussain, managing associate Nidhi Singh Prakash, senior associate Divye Sharma.

Also advising was Nishimura & Asahi, Japan.

2018-08-02

Primary jurisdiction of deal: Japan

Deal value: $615.54m (globally)

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.