News and developments

TRANSACTION SUMMARY

DSK Legal advised SRL Limited, a subsidiary of Fortis Healthcare Limited, in relation to acquisition of the business of M/s Lifeline Laboratories (“Target”), to expand SRL’s footprint in Delhi NCR region in the diagnostic services domain. 

The Target is engaged in the business of providing diagnostic services with its operations located in Delhi NCR region.

DSK Legal assisted and advised SRL Limited on all legal aspects of the transaction, including:

  • conducting legal due diligence of the Target;
  • transaction structuring, drafting, negotiating, and finalizing the definitive agreements for the acquisition of the business undertaking of the Target;
  • assisting in Closing of the transaction.
  • The team representing DSK Legal comprised of Jayesh Kothari (Partner), Rajlaxmi Kale (Senior Associate), Sharmishtha Bharde (Associate) and Kais Umani (Associate).

    Mr. Hemang Parekh (Partner) acted as engagement partner for the transaction.