Japanese telecoms giant NTT DoCoMo has acquired 26% of Tata Teleservices (TTSL), after reaching an agreement with Tata Sons, the prime promoter of Tata companies, including TTSL. The deal is worth US$2.7 billion and has been named as one of India Business Law Journal’s 2008 Deals of the Year. Skadden Arps Slate Meagher & Flom represented NTT DoCoMo while TTSL was represented by AZB & Partners.
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