PFS 
Dealstreet

Pioneer Legal, FisherBroyles, Wachtell Lipton act on sale of shares of PFSWeb to GXO Logistics

The deal has an equity value of approximately ₹1,509 crore ($181 million).

Bar & Bench

PFSWeb, Inc. has proposed a sale of shares and assets for an equity value of approximately ₹1,509 crore ($181 million) to GXO Logistics, Inc. PFSWeb has also proposed a merger with a wholly owned subsidiary of the GXO.

Pioneer Legal advised PFSWeb with respect to the India leg of the transaction, inter alia with respect to inputs on the transaction documents from an Indian legal perspective and the relevant disclosures to be provided by the Indian subsidiary of PFSWeb.

The transaction team consisted of Pritha Jha (Partner), Shoubhik Dasgupta (Partner), Eishan Agnihotri (Principal Associate) and Vijay Kumar Chawla (Associate).

FisherBroyles LLP was the legal advisor for PFSWeb in USA.

Wachtell, Lipton, Rosen & Katz advised GXO Logistics on this deal.

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

Also Read

Aradhya Sethia joins 7 King's Bench Walk as tenant

Supreme Court orders all States, UTs to frame rules for registration of Sikh Anand Karaj marriages in 4 months

NLSIU-Shardul Amarchand Mangaldas 2nd FinTech Moot Court Competition: Registrations to close soon

Delhi court sets aside order restraining journalists from publishing stories against Adani Enterprises

Fake insurance claim racket: Madras High Court orders FIRs in 467 complaints, SIT to handle probe

SCROLL FOR NEXT