Five law firms to slug it out for SAIL’s FPO

October 21, 2010 Government owned Steel Authority of India’s (SAIL) follow on public offer (FPO) will have five top law firms fighting it out for being named as the legal advisor to the offer.According to the Economic Times, Amarchand, Luthra & Luthra, S&R Associates, Fox Mandal and Crawford Bayley are in the running.

The shortlisted firm will manage the first phase of SAIL's FPO, which is expected be launched early next calendar year, Disinvestment Secretary Sumit Bose said yesterday.


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