Khaitan & Co advised Temasek on its investment in SEIPL.
Temasek International Pte Ltd completed an investment in Schneider Electric India Private Limited (SEIPL).
Temasek holds 35% stake in SEIPL and SEIPL used the investment proceeds from Temasek (along with investment and debt proceeds from other Schneider entities) to acquire the electrical and automation business unit of Larsen & Toubro for INR 14,000 crores.
The Khaitan & Co team consisted of Partner Aakash Choubey (Picture), Radhika Agarwal (Principal Associate), Rohan Shrivastava (Senior Associate) and Srikanth Mantravadi (Senior Associate), Closing aspects: Gautam Suseel (Senior Associate), Srishti Mukherjee (Associate) and Amulya Sharma (Associate); Real estate aspects: Devendra Deshmukh (Partner), Amruta Joshi (Senior Associate) and Meherasp Mistry (Associate); Debt funding: Manisha Shroff (Partner) and Smita Jha (Principal Associate); and Financing due diligence aspects: Siddharth Srivastava (Partner) and Kanika Kadam (Principal Associate).
Involved fees earner: Radhika Agarwal – Khaitan & Co.; Aakash Choubey – Khaitan & Co.; Devendra Deshmukh – Khaitan & Co.; Smita Jha – Khaitan & Co.; Amruta Joshi – Khaitan & Co.; Kanika Kadam – Khaitan & Co.; Srikanth Mantravadi – Khaitan & Co.; Meherasp Mistry – Khaitan & Co.; Srishti Mukherjee – Khaitan & Co.; Amulya Sharma – Khaitan & Co.; Rohan Shrivastava – Khaitan & Co.; Manisha Shroff – Khaitan & Co.; Siddharth Srivastava – Khaitan & Co.; Gautam Suseel – Khaitan & Co.;
Law Firms: Khaitan & Co.;
Clients: Ferroamp Elektronik AB;