Cyril Amarchand Mangaldas advises on L&T Technology Services' acquisition of Smart World and Communication Business of L&T on slump sale basis
Mumbai (Maharashtra)/New Delhi [India], January 19 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Larsen and Toubro Limited (L&T), in relation to sale of its 'Smart World and Communications Business' (SW&C Business) to its listed subsidiary L&T Technology Services Limited (LTTS), for an aggregate amount of INR 800 crore. The Transaction seeks to leverage LTTS's global footprint and achieve a global market reach for the SW&C Business. The General Corporate...
Kabeer Jay Akash Mishra Cyril Amarchand Mangaldas Shreejoyee Bhattacharya Rajat Sinha Pritha Taraphder
Source: laosnews.net