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Dealstreet

L&L Partners, Phoenix Legal act on Lal Path Labs acquisition of Suburban Diagnostics

The deal value is ₹9,250 million plus certain performance linked payments capped at ₹2,250 million, subject to certain adjustments

Bar & Bench

Dr. Lal Path Labs Limited has acquired 100% of the equity share capital of Suburban Diagnostics (India) Private Limited.

L&L Partners acted for Lal Path and the team was led by Senior Partner H.S. 'Bobby' Chandhoke along with Partner Shonali Choudhry and Jay Parikh, Managing Associate Varun Kumar, Senior Associate Ayushi Toshniwal and Associates Utkarsh Roy and Anirudh Singh.

The IPR Laws team was led by Subhash Bhutoria (Partner Designate) and Trushita Mehra (Associate).

Abdullah Hussain (Partner) and Rudresh Singh (Partner) advised on the Competition Laws aspects.

Phoenix Legal acted for Suburban Diagnostics and the team was led by Partners Sawant Singh and Khadija Khalil.

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