Aditya Birla acquires Sprng Energy from Shell for $1.8 billion; Khaitan & Co, Trilegal advise
Aditya Birla Renewables Limited has signed a definitive agreement to make a 100% acquisition of Sprng Energy group of companies from Shell plc at an enterprise value of $1.8 billion. Khaitan & Co advised Aditya Birla Renewables on this acquisition. The core deal team consisted of Haigreve Khaitan (Managing Partner), Akhil Bhatnagar (Partner), Kapish Mandhyan (Partner), Bhagirath Ashiya (Partner), Murugaveni Pillai (Principal Associate), Ashana Shah (Senior Associate), Madhav Chandan (Senior Associate), Associates Arjun Madan, Ayushi Gupta, Krisha Devani and Shravani Bhide. The following provided assistance: Gahan Singh (Partner, Acquisition Financing), Harsh Khemka (Partner, Insurance),…
Sources
- Bar & Bench - Dealstreet
- RBI notifications · official
- BSE corporate announcements · official
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