AZB & Partners advised Adani on a stake in Ocean Sparkle
The deal was valued at approximately Rs.20 billion
By : Legal Era
Update: 2022-06-13 03:30 GMT
AZB & Partners advise Adani on a stake in Ocean Sparkle
The deal was valued at approximately Rs.20 billion
Law firm AZB & Partners has advised Adani Harbour Services Limited, a subsidiary of Adani Ports and Special Economic Zones Limited on the sale of a stake held by International Finance Corporation in marine services company Ocean Sparkle Limited as part of a 100 percent acquisition.
India's leading third-party marines services provider, the activities of Ocean Sparkle include towage and pilotage.
The M&A Private Equity team of AZB & Partners comprised Partner Dushyant Bagga and Senior Associate Namrata Bhagwatula.