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GVK-Hancock Group projects acquisition

- $1,260.00 m
  • Entry date - Wednesday, 23 November 2011
  • Jurisdiction - Australia, India
  • Practice - .
  • GVK-Hancock Group projects acquisition

  • Firm - Amarchand & Mangaldas & Suresh A. Shroff & Co.
  • Client - GVK Infrastructure
  • Lead Lawyers - L Viswanathan
  • Role - Indian counsel to acquirer
  • Firm - Clifford Chance (Beijing)
  • Client - Hancock Group
  • Lead Lawyers - Ian Cochrane, Jon Carson
  • Role - Australian counsel to target
  • Firm - Minter Ellison
  • Client - GVK Infrastructure
  • Lead Lawyers - Paul Wentworth, Sam MacGibbon
  • Role - Australian counsel to acquirer


Deal summary
·         GVK Power & Infrastructure’s acquisition of Australian coal, port and rail projects from the Hancock Group for $1.26 billion

·         GVK is a leading infrastructure developer in India and deal ensures secure coal supplies for future power plant projects in India

·         Deal is structured as a share acquisition and the financial close of the deal is expected in 2012


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