Cases & Deals

Deutsche Equities India, Edelweiss, ICICI Securities, and SBICAP Securities complete US$63 million Offer for Sale of Hindustan Copper Limited shares by Government of India

Clients 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, as placement agents, in connection with the Government of India's (GOI) US$63 million (INR 4 billion) Offer for Sale of Equity Shares of Hindustan Copper Limited (HCL), India's only vertically integrated copper producer. The transaction represented a divestment of 6.83% of the GOI's equity stake in HCL.