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Sesa Goa Limited - Dempo Group mining asset acquisition

US$368.00 m
  • Entry date - Friday, 26 June 2009
  • Jurisdiction - India
  • Practice - M&A
  • India’s largest private iron ore exporter Sesa Goa Limited, and London listed Vedanta Resources acquires Dempo Group’s mining assets.

  • Firm
    Luthra & Luthra
  • Client
    Sesa Goa Limited
  • Lead Lawyers
    Madhurima Mukherjee
  • Role
    Counsel to Acquirer


DEAL SUMMARY

India’s largest private iron ore exporter Sesa Goa Limited, and London listed Vedanta Resources acquires Dempo Group’s mining assets.


Acquisition involved 100% equity stake in V.S Dempo & Co. which  holds 100% equity shares of Dempo Mining Corporation, as well as 50% stake in Goa Maritime.



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