DSK Legal advises SRL Limited in acquisition of business of Lifeline Laboratories

LE Desk

New Delhi, April 17, 2023: DSK Legal has advised SRL Limited, a subsidiary of Fortis Healthcare Limited, in relation to acquisition of the business of Lifeline Laboratories to expand SRL’s footprint in Delhi NCR region in the diagnostic services domain, the Law Firm has said. 

DSK Legal assisted and advised SRL Limited on all legal aspects of the transaction, including: conducting legal due diligence of Lifeline Laboratories;

transaction structuring, drafting, negotiating, and finalizing the definitive agreements for the acquisition of the business undertaking; assisting in closing of the transaction, the Firm said in a press statement.

The team representing DSK Legal comprised of Jayesh Kothari (Partner), Rajlaxmi Kale (Senior Associate), Sharmishtha Bharde (Associate) and Kais Umani (Associate). Hemang Parekh (Partner) acted as engagement partner for the transaction.

Lifeline Laboratories is engaged in the business of providing diagnostic services with its operations located in the Delhi-NCR region.