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Announced

Completed

GAIL completed the acquisition of JBF Petrochemical.

Synopsis

GAIL, a natural gas conglomerate in India, completed the acquisition of JBF Petrochemical, a manufacturer of chemical products. Financial terms were not disclosed. Acquisition of the company under CIRP process initiated under Insolvency & Bankruptcy Code, 2016

Principals

Jbf Petrochemical

target

Jbf Petrochemical

GAIL

bidder

GAIL

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Market Context

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Krishnaiah Kakani

Krishnaiah Kakani

ManagerGeneral Manager at JBF PETROCHEMICAL
Deal Bio
Total Deals
1/
Total Value
value n/a
Alke Pai

Alke Pai

ManagerCEO at JBF PETROCHEMICAL
Deal Bio
Total Deals
1/
Total Value
value n/a
Shri Gupta

Shri Gupta

ManagerChairman and Managing Director at GAIL
Deal Bio
Total Deals
1/
Total Value
value n/a
Shri Jain

Shri Jain

ManagerFinance Director at GAIL
Deal Bio
Total Deals
1/
Total Value
value n/a
Samir Sheth

Samir Sheth

Financial AdvisorPartner at BDO
Deal Bio
Total Deals
14/
Total Value
£847M

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