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Cyril Amarchand Mangaldas advised the Aditya Birla Group on restructuring of its retail business by merging Aditya Birla Nuvo’s Madura Fashion and Lifestyle with Pantaloon Fashion and Retail.
This will create the country’s largest branded apparel company by sales and number of stores, reports ET.
The Cyril Amarchand Mangaldas team was led by Managing Partner Cyril Shroff along with Partners Nivedita Rao and Gurpreet Vasir Ashar.
Competition Partner Nisha Kaur Uberoi, Litigation Partner Sharad Mathkar and Tax Partner SR Patnaik also advised on the deal.