IFLR1000

BIF India Holdings $885 million acquisition of nine companies of the Gammon group

28/8/2015
Private acquisition
Select tab

Re 57 billion

$ 885 million

Completed

28/8/2015

Overview:

  • BIF India Holdings has acquired nine SPVs of Gammon India for $885 million.
  • The acquirer is jointly owned by Brookfield and Core Infrastructure (a fund managed by the Kotak Group).
  • Out of the nine project companies, six are operational, one is under expansion and two are under development. 

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Construction and materials

Firms:
Agram Legal Consultants

Party: Gammon group (Seller)

Shardul Amarchand Mangaldas & Co

Party: Brookfield and Core Infra India Fund (Acquirer)

Lawyers: Akshay Chudasama, Deepto Roy

Related deals