Kanoria Chemicals & Industries Limited’s Share Purchase Agreement with Bishoftu

Khaitan & Co. advised Kanoria Chemicals and Industries Limited (“KCI”) and Kanoria Africa Textiles PLC on the deal.

KCI completed the acquisition of shares of Kanoria Africa Textiles PLC from Bishoftu Limited to provide an exit to Bishoftu Limited as a shareholder of Kanoria Africa Textiles PLC.

The Khaitan & Co team was led by Partner Padam Kumar Khaitan (Picture), Shourya Sengupta (Principal Associate) and Sneh Lata (Senior Associate).

Involved fees earner: Padam Kumar Khaitan – Khaitan & Co.; Sneh Lata – Khaitan & Co.; Shourya Sengupta – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Kanoria Chemicals and Industries Limited ;

Author: Sonia Carcano