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Shardul Amarchand Mangaldas & Co. advises HP on CCI approval for acquisition of global printer business of Samsung Electronics

ANI  |  New Delhi [India] 

Shardul Amarchand Mangaldas and Co. provided legal and strategic advice to HP Inc. (HP) from a competition perspective in relation to its proposed of the global printer of Electronics Co. Ltd.

This was the first time that the Competition Commission of (CCI) was assessing a in the printer segment. The Firm has been able to secure CCI approval for the on 28 April 2017.

The Competition practice of Shardul Amarchand Mangaldas & Co. (SAM & Co.) was involved in preparing, drafting and filing a detailed Form II (long form) notification form with the CCI and all related responses and submissions in relation to the proposed

The Team was led by Naval Satarawala Chopra, Partner; and Aparna Mehra, Partner; and included Ritwik Bhattacharya, Associate; Supritha Prodaturi, Associate and Sapan Parekh, Associate.

As a part of the review, the CCI examined various aspects relating to the scope of the relevant product market and third party concerns on the transaction, which SAM & Co. was able to effectively address.

The firm secured an approval from the CCI to the proposed acquisition, after a detailed review that spanned approximately 170 calendar days.

Other advisors to the included Skadden, Arps, Slate Meagher & Flom LLP (global counsels for HP).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 19:28 IST