Den Networks is divesting its 55 per cent equity stake in Den Sports, which owns Indian Super League team – Delhi Dynamos, to Wall Street Investments, part of GMS Group for 43.32 crore. Luthra & Luthra acted for GMS Group with a team led by Partner Kanchan Sinha along with Associates Kaustubh Verma, Sonika Bajpeyee and Sanya Parmar. The transaction team was assisted on the due diligence aspect by Partner Anshul Jain, Managing Associate Shikhar Kacker and Associate Shubham Gupta. Den Networks was advised by its in-house team. Wall Street Investments is represented by principals of GMS, which is based […]
The post Luthra leads on Den Networks sale of 55% stake in Delhi Dynamos to GMS Group
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