AZB & Partners Advises 3M on Indian Law Aspects of Global Healthcare Business Spin-Off

AZB & Partners advised 3M Company on all Indian law aspects of the global spin-off of its healthcare business into a new independently entity listed on the New York Stock Exchange, Solventum Corporation. The transaction involved the legal separation and reorganization of 3M’s healthcare business with a turnover of USD 8.2 billion in over 90 jurisdictions. Our deal team comprised our Senior Partner Darshika Kothari, Partners Vasudha Asher and Kritika Agarwal, Counsel Himanshoo Tembe, Associates Disha Mantry, and Ashwin Vardarajan.