Link Legal advised and assisted RIB International Holding Pte. Ltd. in its acquisition of equity stake in RIB iTwo Software Private Limited. On 26th July 2021, RIB International Holding Pte. (“RIB SG”) acquired equity stake in RIB iTwo Software Private Limited (“RIB India”), by way of a transfer of equity shares held by RIB Limited. Pursuant to the closure of the transaction, RIB SG holds 100% stake in RIB India.
Link Legal, led by its corporate Partner Ketan Mukhija, Associate Partner Gaurav Priyadarshi and Senior Associate Apurv Ranjan assisted RIB SG from the preliminary stage and until the effective closing of the entire transaction. The scope of work also involved drafting and finalization of the definitive agreement and other ancillary documents, assisting and advising RIB SG on the relevant compliances with the extant Indian exchange control regulations, as well as general Indian law advisory on applicable corporate legal compliances and stamp duty payment.