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Jan 28, 2025

Pegatron Corporation on Tata Electronics’ acquisition of a controlling stake in Pegatron Technology India Private Limited (PTI)

AZB & Partners advised Pegatron Corporation, a diversified electronics manufacturing major, on Tata Electronics’ acquisition of a controlling stake in Pegatron Technology India Private Limited (PTI), Pegatron’s India unit which currently operates an iPhone manufacturing plant in Chennai. The deal also involves a transfer of Tata’s under-construction iPhone manufacturing facility in Hosur, Tamil Nadu, to PTI.

The transaction was led by our corporate team comprising Senior Partner Srinath Dasari, Associates Raina Kanungo, Varun Anand and Ishika Jain. Pegatron was also supported by Partners Kirthi Srinivas and Bharat V Budholia, Senior Associate Varun Thakur, and Associate Shivangi Pradhan on competition law; Partner Aditya Singh Chandel, Senior Associate Suhail Bansal, and Associate Sarvagya Bilgaiyan on taxation; Partner Nishanth Ravindran on employment, and Partner Malini Raju on real estate.

 

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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