Deutsche Equities India, Edelweiss, ICICI Securities, and SBICAP Securities complete US$60 million Offer for Sale of Hindustan Copper Limited shares by Government of India
Client(s) Deutsche Equities India Private Limited, Edelweiss Securities Limited, ICICI Securities Limited, and SBICAP Securities Limited
Jones Day advised Deutsche Equities India Private Limited, Edelweiss Securities Limited, ICICI Securities Limited, and SBICAP Securities Limited in connection with the Government of India's US$60 million (INR 4 billion) Offer for Sale (OFS) of Equity Shares of Hindustan Copper Limited, India's only vertically integrated copper producer. The transaction represented a divestment of 7% of the Government of India's equity stake in Hindustan Copper Limited.