Trilegal and TMI Associates advised Japan Post on USD 932 million acquisition of 19.9% stake in Logisteed.
The transaction forms a part of a broader capital and business alliance between Japan Post and Logisteed, aimed at strengthening global logistics capabilities. India was the only jurisdiction worldwide that required a merger filing for this transaction.
Trilegal successfully represented Japan Post Co., Ltd. (Japan Post) in securing an unconditional approval from the Competition Commission of India (CCI) pertaining to its proposed acquisition of 19.9% equity stake in LOGISTEED Holdings, Ltd. (Logisteed) for a deal value of approx. USD 932 million.
The Trilegal competition team advised Japan Post on Indian competition law aspects, including merger control advisory and filing before the CCI.
The Trilegal Competition team representing Japan Post was led by Partner Gautam Chawla along with Counsel Ankush Walia, Senior Associate Madhav Kapoor, Associates Umang Chaturvedi and Shambhavi Sirothia.
TMI Associates acted as the international and Japanese competition counsel for Japan Post.
The deal reporting on this platform is based on the information received from law firms, and therefore, some details may be missing/incomplete. If your firm has not been credited for this deal, write to us at chanchal.makhija@thegreymatter.co.in mentioning your firm’s name, lawyers involved (including designation) and client represented.
