Khaitan & Co advises FCC Co on acquisition of joint venture shareholding from RICO Auto

Khaitan & Co has advised FCC Co in relation to the acquisition of RICO Auto’s entire shareholding in FCC RICO, a 50-50 joint venture company jointly held by FCC Co and RICO Auto, for approximately $80m (£51m).

Partner Zakir Merchant led the transaction and advised on the corporate aspects, while Avaantika Kakkar advised on the competition law aspects.