KhaitanCo served as the legal advisor for LANXESS India in the proposed divestment and subsequent sale of its Urethane Systems division to UBE Corporation, amounting to EUR 460 million.
The primary advisory team included Rabindra Jhunjhunwala, Roshnek Dhalla, Srijanee Bhattacherjee, and Ahaan Dar.
LANXESS, a prominent player in specialty chemicals, reported sales of EUR 6.7 billion in 2023 and employs around 12,500 people across 32 countries. Its core operations involve the creation, production, and marketing of chemical intermediates, additives, and consumer protection products. The company has earned top ranks in sustainability benchmarks, including the Dow Jones Sustainability Index, MSCI ESG, and ISS ESG ratings, reflecting its strong dedication to sustainable practices.
Share your news, articles, deals, columns, or press releases with us! Click the link to submit and join our platform today.
JSA Advises Indium Software on Majority Stake Acquisition in Experion Technologies
