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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.