Khaitan & Co advised RR Kabel on acquisition of U M Cables
RR Kabel Limited has acquired the business of manufacture and sale of Optical Fibre and related cables from the U M Cables Limited, a wholly owned subsidiary of Usha Martin Limited, by way of a slump sale. Khaitan & Co advised RR Kabel on this acquisition. The transaction was led by Bhavik Narsana (Partner), Kinshuk Jhunjhunwala (Partner), Ipshita Dey (Senior Associate) and Kamayani Mittal (Associate). The following provided support: Direct Tax Aspects: Vinita Krishnan (Executive Director), Viraj Doshi (Principal Associate) and Bharat Jain (Principal Associate).
CounselKhaitan & Co
SectorTelecom
Sources
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