Shearman and Sterling and Simpson Thatcher on Aditya Birla's acquisition of Columbian Chemicals deal

The Aditya Birla Group has announced that it will acquire Atlanta-based Columbian Chemicals Company, from One Equity Partners, the merchant banking arm of J P Morgan Chase.  The financial value of the deal was not disclosed, but analysts estimate it at around $800-900 million (Rs.3,600 crore – Rs. 4,050 crore).