Luthra And Luthra Assisted Sanyo Special Steel's Stake Acquisition In Indian Subsidiary
In a significant move, Luthra And Luthra Law Offices India has played a pivotal role in assisting Sanyo Special Steel Co. Ltd in obtaining approval from the
Luthra And Luthra Assisted Sanyo Special Steel's Stake Acquisition In Indian Subsidiary
In a significant move, Luthra And Luthra Law Offices India has played a pivotal role in assisting Sanyo Special Steel Co. Ltd in obtaining approval from the Competition Commission of India (CCI) for the acquisition of a 15.43% shareholding in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co.
Sanyo Special Steel Co. Ltd, headquartered in Japan, is renowned for its global presence in manufacturing and selling steel products. With manufacturing hubs spanning across Europe and India, the company specializes in various steel products, including bearing steel, engineering steel, stainless steel, heat resistant steel, and tool steel. Notably, it is an integral part of the esteemed Nippon Steel Corporation Group.
The legal expertise of Luthra and Luthra Law Offices India proved instrumental in navigating the complex regulatory landscape surrounding this acquisition. The team, led by Partner G R Bhatia and Partner Designate Arjun Nihal Singh, demonstrated exemplary proficiency throughout the process. Associates Manav Gupta, Sanyam Juneja, and Toshika Soni provided invaluable support, ensuring the smooth execution of the transaction.
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