In a complex two-tier deal, CK Birla Group-owned Birlasoft and KPIT will be merged to create a $700-million entity. The combined entity will be demerge into two separate companies – Birlasoft, a $500 million enterprise digital IT services company, and KPIT Technologies, a $200 million company providing automotive engineering and mobility solutions. Khaitan & Co advised Birlasoft and the team was led by Partners Haigreve Khaitan and Niren Patel along with Principal Associate Ashraya Rao, Senior Associate Saswat Subasit and Associate Aparajita Chakraborty. The other team members from Khaitan are: On Open offer: Arindam Ghosh (Partner), Moin Ladha (Associate Partner), Arpita […]
The post Khaitan, <b>AZB</b> act on Birlasoft-<b>KPIT</b> merger
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