IFLR1000

Total Holdings $864 million acquisition of a 37.4% stake in Adani Gas

14/10/2019
Public acquisition
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Re 61.6 billion

$ 864 million

Announced

14/10/2019

Overview:

  • French energy giant Total is set to acquire a 37.4% stake in natural gas distribution company Adani Gas for $864 million.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Oil and gas

Firm:
AZB & Partners

Party: Total Holdings SAS (Acquirer)

Lawyers: Ashwath Rau, Kashish Bhatia, Zia Mody

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