Latest Khaitan & Co. News
Jul 22, 2021
Tower Infrastructure Trust completed the acquisition of Space Teleinfra Private Limited, for total consideration of INR 9 billion ($121 million) and additional milestone based consideration. Tower Infrastructure Trust (‘Trust’) is an infrastructure investment trust. The Khaitan & Co. team consisted of Partner Prasenjit Chakravarti (Picture), Nitish Goel (Principal Associate), Nimisha Trehan (Principal Associate) and Pulkit Chaturvedi (Senior Associate). The team was assisted by Harsh Walia (Partner), Shobhit Chandra (Principal Associate) and Piyush Ranjan (Senior Associate) on telecom sector regulations, Sudhir Bassi (Executive Director), Vivek Mimani (Partner) and Navodita Gupta (Principal Associate) on securities exchange and InvIT regulations, and Atul Pandey (Partner) on regulatory aspects.