Khaitan, Shardul Amarchand Mangaldas act on Bajaj Electricals' ₹168 crore acquisition of Morphy Richards
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Summary
Bajaj Electricals Limited has acquired the 'Morphy Richards' brand and its associated intellectual property rights from Glen Electric Limited, in India, Bhutan, Bangladesh, Nepal, Sri Lanka and the Maldives, for a total consideration of ₹168 crore.Khaitan & Co advised Bajaj Electricals on this acquisition. The Firm assisted with the drafting, review and negotiation of the Sale and Purchase Agreement in relation to the acquisition of the Morphy Richards trademarks, together with the associate