DSK Legal advises Redcliffe Labs on acquisition of Medicentre Sonography & Clinical Lab
New Delhi, April 10, 2023: DSK Legal has advisedRedcliffe Labs on the acquisition of Medicentre Sonography & Clinical Lab by way of a slump sale transaction, the Law Firm has said.
DSK Legal assisted and advised Redcliffe on all legal aspects of the transaction, including conducting legal due diligence, transaction structuring, drafting, negotiating, and finalizing the definitive agreements, and closing of the acquisition transaction, the firm said in a press statement.
The team representing DSK Legal comprised of Nakul Batra (Partner), Palak Sehgal (Senior Associate), Kunal Garg (Associate), Snigdha Prakash (Associate), Udit Rao (Associate) and Yash Tiwari (Associate). Rishi Anand (Partner) was the engagement partner for the transaction.
Medicentre was advised by Law of Madhavan Srivatsan (LOOMS).
Medicentre is engaged in the business of providing diagnostic services, with its operations located across the state of Rajasthan via multiple diagnostic laboratories, collection centres, and hospital labs management.
The deal will expand Redcliffe’s footprint in India in relation to the delivery of diagnostic services, the statement said, adding that the consideration payable to the sellers was a mix of cash and equity.
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