DSK advises on Essar’s asset sale

0
2465
India-real-estate-law
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

DSK Legal was counsel to Essar Group in its ₹24 billion (US$351 million) sale of Equinox Business Park to Brookfield Asset Management. A team from Shardul Amarchand Mangaldas & Co (SAM) advised Brookfield.

The sale, which closed on 24 April, was described as “among the largest transactions in India’s commercial real estate sector” by Anshuman Ruia, director of Essar Global. It was part of Essar’s efforts to reduce debt by monetizing non-core assets. The proceeds were used to repay lenders, both at an entity and group level.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link