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Argus, Khaitan brew $45.3m sale of MK Shah tea estates to McLeod Russel

“McLeod Russel to sell 8 tea estates to MK Shah Exports for ₹331 crore: McLeod Russel, world’s largest tea producer, has finalised sale of eight tea estates to MK Shah Exports Ltd for a consideration of nearly ₹331 crore, according to a stock market disclosure,” reported Hindu Business Line.

Argus Partners advised M K Shah Exports Limited, led by a team of partner Arka Majumdar.

Khaitan & Co acted for McLeod Russel.


Deal value: Rs 331 Crore, subject to adjustments specified therein.

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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