{"id":289950,"date":"2023-04-18T13:30:30","date_gmt":"2023-04-18T08:00:30","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=289950"},"modified":"2023-04-18T14:24:06","modified_gmt":"2023-04-18T08:54:06","slug":"dsk-legal-advises-srl-limited-in-relation-to-acquisition-of-the-business-of-m-s-lifeline-laboratories","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/18\/dsk-legal-advises-srl-limited-in-relation-to-acquisition-of-the-business-of-m-s-lifeline-laboratories\/","title":{"rendered":"DSK Legal advises SRL Limited in relation to acquisition of M\/s Lifeline Laboratories"},"content":{"rendered":"
\n

DSK Legal advised SRL Limited<\/span>, a subsidiary of Fortis Healthcare Limited, in relation to acquisition of the business of M\/s Lifeline Laboratories<\/span> (\u201cTarget<\/span>\u201d), to expand SRL\u2019s footprint in Delhi NCR region in the diagnostic services domain.<\/p>\n

The Target is engaged in the business of providing diagnostic services with its operations located in Delhi NCR region.<\/p>\n

DSK Legal assisted and advised SRL Limited on all legal aspects of the transaction, including:<\/p>\n

    \n
  1. conducting legal due diligence of the Target;<\/li>\n
  2. transaction structuring, drafting, negotiating, and finalizing the definitive agreements for the acquisition of the business undertaking of the Target;<\/li>\n
  3. \n

    assisting in Closing of the transaction.<\/p>\n<\/li>\n<\/ol>\n

    The team representing DSK Legal comprised of Jayesh Kothari<\/span> (Partner), Rajlaxmi Kale<\/span> (Senior Associate), Sharmishtha Bharde<\/span> (Associate) and Kais Umani<\/span> (Associate).<\/p>\n

    Mr. Hemang Parekh (Partner)<\/span> acted as engagement partner for the transaction.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    DSK Legal advised SRL Limited, a subsidiary of Fortis Healthcare Limited, in relation to acquisition of the business of M\/s Lifeline Laboratories <\/p>\n","protected":false},"author":8808,"featured_media":289957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[45282,2],"tags":[56896,47968,32185,56895,56897,56894,56115,56893,56898],"class_list":["post-289950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-diagnostic-services-domain","tag-drafting","tag-fortis-healthcare-limited","tag-legal-advises","tag-legal-aspects","tag-lifeline-laboratories","tag-negotiating","tag-srl-limited","tag-transaction-structuring"],"yoast_head":"\nDSK Legal advises SRL Limited in relation to acquisition of M\/s Lifeline Laboratories | SCC Times<\/title>\n<meta name=\"description\" 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sale and purchase of the Promoter Group\u2019s equity shares","author":"Bhumika Indulia","date":"July 19, 2023","format":false,"excerpt":"DSK Legal represented and advised Appcino Technologies Private Limited (\u201cCompany\u201d) and its Promoter Group in relation to the sale and purchase of the Promoter Group\u2019s equity shares culminating to 100% acquisition of the Company by Xebia India Holding B.V. (\u201cAcquirer\u201d), based in the Netherlands. 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The first tranche will comprise of sale of 60% shareholding in Excel. The deal value is approximately INR 385,00,00,000\/-\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"greaves cotton limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/greaves-cotton-limited.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/greaves-cotton-limited.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/greaves-cotton-limited.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/greaves-cotton-limited.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":295743,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/07\/01\/khaitan-co-advises-tata-communications-limited-in-relation-to-acquisition-of-100-of-the-shares-of-kaleyra-inc\/","url_meta":{"origin":289950,"position":2},"title":"Khaitan & Co advises Tata Communications Limited in relation to acquisition of 100% of the shares of Kaleyra Inc.","author":"Bhumika Indulia","date":"July 1, 2023","format":false,"excerpt":"Khaitan & Co advised Tata Communications Limited in relation to acquisition of 100% of the shares of Kaleyra Inc. for USD 113 million","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"tata communications limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tata-communications-limited.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tata-communications-limited.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tata-communications-limited.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/tata-communications-limited.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":290334,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/21\/khaitan-co-advises-adaniconnex-private-limited-on-acquisition-of-100-shareholding-of-sppl-from-adani-power-limited\/","url_meta":{"origin":289950,"position":3},"title":"Khaitan & Co advises Adaniconnex Private Limited on Acquisition of 100% shareholding of SPPL from Adani Power Limited","author":"Bhumika Indulia","date":"April 21, 2023","format":false,"excerpt":"DEAL DETAILS Adaniconnex Private Limited | Acquisition of 100% shareholding of SPPL from Adani Power Limited Khaitan & Co advised AdaniConneX Private Limited in relation to acquisition of 100% share capital of Support Properties Private Ltd from Adani Power Limited at an enterprise value of INR 1,556.5 crore. The team\u2026","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"adani power limited","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/adani-power-limited.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/adani-power-limited.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/adani-power-limited.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/04\/adani-power-limited.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":336731,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/12\/06\/dsk-legal-advises-eternis-fine-chemicals-on-acquisition-of-sharon-personal-care\/","url_meta":{"origin":289950,"position":4},"title":"DSK Legal Advises Eternis Fine Chemicals on Acquisition of Sharon Personal Care","author":"Bhumika Indulia","date":"December 6, 2024","format":false,"excerpt":"DSK Legal assisted and advised Eternis Fine Chemicals Limited (\u201cEternis\u201d) and Eternis Fine Chemicals UK Limited","rel":"","context":"In "Law Firms News"","block_context":{"text":"Law Firms News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/law-firms-news\/"},"img":{"alt_text":"Eternis Fine Chemicals","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/12\/Eternis-Fine-Chemicals.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/12\/Eternis-Fine-Chemicals.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/12\/Eternis-Fine-Chemicals.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/12\/Eternis-Fine-Chemicals.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":290510,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/04\/25\/shardul-amarchand-mangaldas-advises-birla-estates-private-limited-on-acquisition-of-land-and-building-in-south-mumbai\/","url_meta":{"origin":289950,"position":5},"title":"Shardul Amarchand Mangaldas advises Birla Estates Private Limited on acquisition of land and building in South Mumbai","author":"Bhumika Indulia","date":"April 25, 2023","format":false,"excerpt":"Shardul Amarchand Mangaldas & Co. advised Birla Estates Private Limited on its acquisition of land and building at Walkeshwar, Malabar Hill Division, Mumbai. The transaction is undertaken with the intention of developing a premium residential project. 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