IFLR1000

Kubota Corporation Rs10.42 billion acquisition of 9.09% stake in Escorts

2/4/2020
Public acquisition
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Re 10.42 billion

$ 136.352 million

Completed

2/4/2020

Overview:

  • Manufacturing company Kubota Corporation has acquired a 9.09% stake in machinery manufacturing company Escorts for Rs10.42 billion. 

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Industrials and manufacturing
Construction and materials

Firms:
Cyril Amarchand Mangaldas

Party: Escorts (Seller)

Shardul Amarchand Mangaldas & Co

Party: Kubota Corporation (Acquirer)

Lawyers: Rudra Kumar Pandey, Shardul Shroff

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