Veritas Legal advised Aegis Logistics, Aegis Gas (LPG) and Hindustan Aegis LPG in Itochu Petroleum’s INR693 million (USD9.4 million) acquisition of a 5.3% stake in Hindustan Aegis LPG.
Khaitan & Co advised Itochu Petroleum, a Singapore subsidiary of Japan’s Itochu Corporation.
Following the deal, which closed on 6 April, Itochu has a 25% stake in Hindustan Aegis LPG, which is developing a liquefied petroleum gas (LPG) import terminal at Haldia port in West Bengal.
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