iPhone 
Dealstreet

AZB advises on the Tata - Wistron deal to make iPhone in India

With this acquisition, Tata will become the first Indian iPhone manufacturer.

Bar & Bench

Tata Electronics Private Limited has acquired 100% stake of Wistron Infocomm Manufacturing (India) Private Limited for approximately ₹1000 crore ($125 million).

AZB & Partners advised Wistron Corporation, SMS Infocomm (Singapore) Pte. Ltd., Wistron Hong Kong Limited and Wistron Infocomm Manufacturing (India) Private Limited on this acquisition.

The transaction team consisted of Partners Roxanne Anderson and Gautam Ganjawala with Senior Associate Lokesh Deshwal.

The competition team comprised Partner Bharat V Budholia and Associates Varun Thakur and Shivangi Pradhan. The due diligence team also included Senior Partner Nohid Nooreyezdan, Partners Nandan Pendsey and Nishanth Ravindran and Associate Sanghamitra Sengupta.

Roxanne Anderson, Gautam Ganjawala

With this acquisition, Tata Electronics will become the first Indian manufacturer of Apple iPhones.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.

Also Read

TVK member moves Madras High Court alleging bribery in selection of government advocates

Citizens entitled to protest; slogans like BJP 'murdabad’ and ‘Amit Shah murdabad' not ground for externment: Bombay HC

Gauhati High Court rejects man's citizenship claim despite 15 documents

Single incident of mother-in-law abusing daughter-in-law not cruelty under Section 498A IPC: Jharkhand HC

Madras High Court cancels appointment of 17 Personal Assistants to judges

SCROLL FOR NEXT