AZB & Partners advised the Wistron Group on the sale of 100% of Wistron Infocomm Manufacturing (India) Private Limited (engaged in Iphone manufacturing) to Tata Electronics Private Limited. This deal is considered to be major milestone in electronic manufacturing industries in India, making the acquirer the first Indian company to manufacture iPhones.
The deal team comprised our Senior Partners Roxanne Anderson and Gautam Ganjawala, Senior Associate Lokesh Deshwal and Associates Yashaswi Rohra, Ayushi Berry, Saumya Srivastava and Akshay Luhadia.
The competition team comprised of our Partner Bharat V Budholia, Senior Associate Varun Thakur and Associate Shivangi Pradhan.
The due diligence team also included our Senior Partner Nohid Nooreyezdan, Partners Nandan Pendsey, Esq. and Nishanth Ravindran and Associate Sanghamitra Sengupta.