Adani Transmission Limited (ATL) announced... that Qatar Investment Authority (QIA) has completed acquisition of 25.10 per cent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholder subordinated debt in AEML on February 10, 2020.

— Business Standard

AZB & Partners advised Qatar Holding LLC (QH) led by a team of partners Ashwath Rau, Atreya Bhattacharya, Aditi Gopalakrishnan, Anand Shah and Hufriz Wadia, senior associates John Adwet Raghav, Gaurav Bansal and Moitreyee Banerjee.

2019-12-11

Deal value: Approx. INR 32 Billion / USD 450 Million

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