DEAL DETAILS
Temasek Holdings (Private) Limited | Investment in Devyani International DMCC |
Khaitan & Co advised Temasek on its 49% acquisition in Devyani International DMCC, a subsidiary of Devyani International Limited. Temasek will invest USD 40 million in Devyani International DMCC for its acquisition of the KFC restaurants franchise in Thailand.
The core team consisted of Aakash Choubey (Partner), Tanushree Bhuwalka (Partner), Shreya Dua (Counsel), Virali Nagda (Senior Associate), Akshay Madan (Associate) and Sanjana Dwivedi (Associate).
The Firm advised Temasek on its investment in Devyani International DMCC (with Devyani International Limited) and in legal due diligence for the Thai (KFC) acquisition by Devyani International DMCC, as part of the composite transaction.