Firm Matters
BackKhaitan & Co advised funds managed by American Industrial Partners in connection with their entry into definitive documents for the sale of MolyCop Group to Tega Industries in partnership with funds managed by Apollo Global Management and assisted with Closing of the India leg of the transaction i.e., sale of MolyCop India Pvt Ltd to Tega MC JV Holdings Pte. Ltd. MolyCop is a leading global supplier of grinding mediums for the mining industry.
The Firm advised and assisted the Seller on: (a) structuring the India leg transaction; (b) finalization of India leg documents and (c) Closing of the India leg of the transaction i.e., sale of MolyCop India Private Limited to Tega MC JV Holdings Pte. Ltd.
Deal Team
The core team consisted of Ashwin Bishnoi (Partner), Abhiroop De (Counsel) and Amanee Kadakia (Principal Associate)
The deal was assisted by:
Direct Tax: Rahul Jain (Partner) and Jinisha Jain (Senior Associate)
