Majmudar assists India leg of Carlisle divestment

0
832
Majmudar & Partners assists India leg of Carlisle divestment
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Majmudar & Partners advised New York-listed Carlisle Companies on the India-related aspects of the USD375 million sale of Carlisle Brake & Friction to CentroMotion.

Shardul Amarchand Mangaldas advised CentroMotion, while Dorsey & Whitney was US counsel to Carlisle Companies, and Latham & Watkins advised Centro Motion in the US. The deal was signed on 24 May, and is expected to close in the third quarter of 2021.

Majmudar & Partners’ team was led by partner Rukshad Davar and included tax counsel Ravishankar Raghavan, associate partner Kritika Agarwal and associate Rahul Datta.

Dorsey & Whitney’s team comprised partners Jonathan Van Horn and Brian Burke, and associates Max Lesser and Julia Lisi.

Carlisle Companies said the sale was part of its portfolio optimisation strategy.

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link