Dabur India Limited is set to acquire 100% of Sesa Care Private Limited, along with its wholly owned foreign subsidiary, Sesa Care Bangladesh Pvt. Ltd., through a merger, for an enterprise value estimated to be in the range of ₹315 - 325 crore.

As a part of the transaction, Dabur will also acquire 51% of the total paid up cumulative redeemable preference shares of Sesa from its existing shareholder, True North, for ₹12.59 Crore at face value.

TT&A advised Dabur India on this acquisition transaction.

The transaction team consisted of Gautam Saha (Joint Managing Partner), Swati Chauhan (Partner), Garvita Mehrotra (Managing Associate), Utsav Agarwal (Managing Associate), Tanya Maithani (Senior Associate) and Sajjan Singh Chouhan (Associate).

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