IFLR1000

Dalmia Bharat $180 million acquisition of 15% stake in Dalmia Cement Bharat

15/1/2016
Public acquisition
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$ 180 million

Completed

15/1/2016

Overview:

  • Dalmia Bharat has acquired 15% stake in Dalmia Cement Bharat from Kohlberg Kravis Roberts (KKR) for $180 million.
  • The deal sees KKR also take a 8.5% stake in Dalmia Bharat.
  • KKR originally invested in the company in 2010.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Governing law:

India

Industry sector:

Construction and materials

Firms:
AZB & Partners

Party: Kohlberg Kravis Roberts & Co (KKR) (Seller)

Khaitan & Co

Party: Dalmia Bharat (Acquirer)

Lawyer: Bharat Anand

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