Deal Street

January 21, 2016

Brady Plc. advised by Luthra & Luthra in its global acquisition of Energycredit


luthra-luthra

Luthra & Luthra Law Offices recently advised and assisted Brady in the acquisition of Energycredit's Indian subsidiary Energycredit Software Services Private Limited ("Energycredit India"). Energycredit India was acquired by Brady by way of an indirect acquisition. The Firm assisted Brady in conducting a due diligence on Energycredit India and is assisting Brady with the post closing related activities for the India leg.

The acquisition is considered to be significant for Brady as it will enable Brady to be a 'one-stop-shop' for complete energy and commodity trading software requirements. This acquisition would enable Brady to combine its knowledge and expertise in commodity risk management and Energycredit's platform, expertise and relationships in the credit space and allow Brady to provide solutions for complete risk management.

The core transaction team comprised Samir Dudhoria (Partner), with Anshul Jain (Partner) and his team assisting in relation to various corporate compliance aspects.

Related Post

latest News

  • MHA Cites Section 69 Of Infotech Act After It Was Asked If It Used Israeli Spyware To Spy On Citizens Using WhatsApp

    The Minister of State for Home, G Kishan Reddy, answered that the government has powers to snoop under Section 69 of the Information Technology Act 20...

    Read More
  • Delhi High Court Grants Interim Stay On Release Of Biopic Based On Former ICICI Bank Chief Chanda Kochhar’s Plea

    A Delhi court has granted an interim stay on the screening of a movie based on the life of former ICICI Bank Managing Director and Chief Executive Off...

    Read More
  • Supreme Court Issues Notice To The Centre After Petition Challenges Constitutional Validity Of Triple Talaq Law

    The Supreme Court has issued a notice to the Centre on a petition challenging the constitutional validity of the Muslim Women (Protection of Rights on...

    Read More
shares