The News Scroll 10 December 2019  Last Updated at 5:47 pm | Source: PTI

DIPAM ropes in L&L Partners as legal advisor for Concor divestment

DIPAM ropes in L&L Partners as legal advisor for Concor divestment
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Dec 10 (PTI) Container Corporation of India (Concor) on Tuesday said L & L Partners has been appointed as legal advisor for partial divestment of the state-owned firm.

Besides, Deloitte Touche Tohmatsu India has been roped in as transaction advisor and RBSA Valuation Advisors LLP as asset valuer by Department of Investment and Public Assets Management (DIPAM), according to a BSE filing.

The Cabinet Committee on Economic Affairs last month accorded "in-principle" approval for strategic disinvestment of the government''s shareholding of 30.8 per cent in Concor.

Presently, the government holds 54.8 per cent stake in Concor, which comes under the railways ministry. PTI SID

SID ANU ANU


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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