Delta Pleasure Cruise’s Acquisition of Waterways Shipyard

AZB & Partners advised Delta Pleasure Cruise Company Private Limited on the transaction.

Delta Pleasure Cruise Company completed the acquisition of 45% stake in Waterways Shipyard for consideration not exceeding Rs 15.50 crore.

Waterways Shipyard is an established shipyard operator on India’s western coast.

The AZB & Partners team was led by partners Ashwath Rau (Picture) and Kashish Bhatia, with senior associates Armaan Patkar and Amitabh Robin Singh.

Involved fees earner: Kashish Bhatia – Azb & partners; Armaan Patkar – Azb & partners; Ashwath Rau – Azb & partners; Amitabh Robin Singh – Azb & partners;

Law Firms: Azb & partners;

Clients: Delta Pleasure Cruise Company Private Limited;

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Author: Michael Patrini