JSW Group has acquired 35% stake in Morris Garages Motor India Private Limited through a primary investment in MGI and secondary acquisition of shares from MGI’s promoter SAIC Motor.
Shardul Amarchand Mangaldas & Co advised JSW Group on this transaction.
The transaction is being led by Partners Deepto Roy and Dnyanraj Desai along with Disha Adhikary, Annapoorani Ramu, Vaibhav Gwalani, Charana Reddy, and Aakaansha Arya. Additional resources include Nainesh Singh, Anshuman Singh, and Sanidhya Parashar.
The competition law team is led by Partner Gauri Chhabra, with Aakriti Thakur and Ujwala Kishore Adikey.
The IP team is led by Partner Mukul Baveja along with Prakriti Sharma.
The Banking & Finance team is led by Partners Veena Sivaramakrishnan, and Mohit Bhatia.
The Funds team is led by Partners Jay Gandhi and Gaurita Udiyawar.
Herbert Smith Freehills advised on international aspects of the deal. The team was led by Partners Siddhartha Shukla and Calvin Ho.
Orrick, Herrington & Sutcliffe advised JSW Group as international counsel.
AZB & Partners advised Morris India and SAIC on Indian legal aspects.
Landing Law Offices advised MGI and SAIC on the Chinese legal aspects.
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