Miba AG | Proposed Acquisition of Majority Stake in Sintercom India Limited

The details of the deal are as under: 

Sector: Manufacturing/Industrials 

Announcement Date: 28-Jan-2021 

Completion Date: 03-Mar-2021 

Name of Client: Miba AG 

Investor Details: Miba AG | Austria | Investor 

Miba AG manufactures and sells sintered components, engine bearings, friction materials, power electronic components, coatings, and special machinery in Austria and internationally. 

Deal Description: Assisting Miba in their proposed acquisition of majority stake in Sintercom India Limited, an Indian listed company.  

Total Consideration:  Confidential  

Team Members: The core team consisted of Rabindra Jhunjhunwala (Partner), Arindam Ghosh (Partner), Abhishek Dadoo (Partner), Ayush Nanda (Principal Associate), Shashank Patil (Principal Associate) and Anvita Mishra (Senior Associate) with assistance from the following: 

Direct Tax aspects: Ritu Shaktawat (Partner), Sneh Shah (Principal Associate) and Milind Hasrajani (Associate) 

Indirect Tax aspects: Mayank Jain (Principal Associate) 

Competition Law aspects: Rahul Singh (Partner), Radhika Seth (Senior Associate) and Alisha Mehra (Associate) 

Capital Markets: Sudhir Bassi (Executive Director)