S&R Associates represented Aéroports de Paris S.A. on a proposed investment of INR 10,780 crore in GMR Airports Limited. The transaction involves the acquisition of an aggregate 49% stake in GMR Airports Limited in two tranches. The second tranche of the transaction is subject to approvals from regulatory authorities.
The S&R Corporate team included partners Rajat Sethi and Mohit Gogia and associates Lakshmi Pradeep, Meher Mehta, Sushmita Sur, Anindhya Shrivastava, Ajatshatru Pandey, Yash Kumar, Shinjan Alok, and Aashima Bhatia. Simran Dhir, head of competition practice, and associates Dhruv Agarwal and Ishika Rout advised on competition law matters.
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