JSA, Luthra, S&R act on Temasek acquisition of Punj Lloyd stake in Medanta owner for 700 crore
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JSA, Luthra, S&R act on Temasek acquisition of Punj Lloyd stake in Medanta owner for 700 crore

Aditya AK

Temasek Holdings acquired Punj Lloyd’s 17.74% stake in Global Health Private Limited (GHPL), which owns and operates the Gurgaon based Hospital Medanta – The Medicity.

The deal was executed for a consideration of nearly 700 crore, reports ET.

A team from J. Sagar Associates led by Partner Vikram Raghani acted for Temasek.

Luthra & Luthra Law Offices advised GHPL and the Carlyle Group, an existing equity investor in GHPL through Senior Partner Mohit Saraf, Managing Associate Dipti Lavya Swain and Senior Associate Prateek Rastogi.

S&R Associates acted for Punj Lloyd with a team led by Partner Uday Walia and Associates Radhika Iyer and Neha Goyal.

Image taken from here.

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