Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 04-11-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | Tenaga Nasional Berhad Purchase of GMR Energy Shares | Industry: | Electricity |
| Description: |
Slaughter and May, Hong Kong, advised Tenaga Nasional Berhad in relation to the subscription, through its wholly owned subsidiary Power and Energy International (Mauritius) Ltd, for equity shares in GMR Energy Limited and its proposed strategic partnership with GMR Energy in the power production business in India. The subscription give PEIM a 30% stake in GMR Energy on a fully diluted basis for a total cash consideration of USD300 million.
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| Financial Center: | Hong Kong | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | Slaughter and May |
| Target Company Jurisdiction: | India | Acquiror Jurisdiction: | Malaysia |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | David Watkins |
