AZB acts on $2.1m Delta Pleasure Cruise buy of Waterways Shipyard

Delta Corp rose 1.56% to Rs 110.90 after the company said that its subsidiary, Delta Pleasure Cruise Company, will acquire up to 45% stake in Waterways Shipyard for consideration not exceeding Rs 15.50 crore.

— Business Standard

AZB & Partners advised Delta Pleasure Cruise Company Private Limited, a wholly owned subsidiary of Delta Corp Limited, led by a team of partners Ashwath Rau and Kashish Bhatia, with senior associates Armaan Patkar and Amitabh Robin Singh.

2020-10-22

Deal value: INR 155 Million / Approx. USD 2.1 million

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AZB & Partners

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AZB acts on $2.1m Delta Pleasure Cruise buy of Waterways Shipyard