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Kochhar & Co. acted for Tenneco Inc. in one of the largest global acquisitions with a deal value of US$ 5.4 billion.

Tenneco Inc. acquired Federal Mogul LLC resulting in an indirect acquisition of Federal-Mogul Goetze (India) Limited (“FMGIL”) by it. On account of the said indirect acquisition, Tenneco Inc. was required to give an open offer to the public shareholders of FMGIL to acquire the shares from them at a price to be determined in accordance with and as per process stipulated in the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”). K & Co. advised Tenneco Inc. on the legal aspects of the open offer to ensure compliance with the Takeover Regulations.


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