Deal Corner: NDA Represents GIC Singapore in its USD 800 million acquisition of Units of Data Infrastructure Trust
Posted by By nishithadmin at 19 February, at 15 : 54 PM Print
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NDA REPRESENTS GIC SINGAPORE IN ITS USD 800 MILLION ACQUISITION OF UNITS OF DATA INFRASTRUCTURE TRUST
DEAL BRIEF
GIC Singapore, through its affiliate Anahera Investments Pte Limited (“GIC”), has acquired units of Data Infrastructure Trust (“Data InvIT”) from the existing unitholders of Data InvIT for an approximate value of USD 800 million.
Data InvIT is a SEBI-registered InvIT engaged in the sector of passive telecom infrastructure services. GIC, the sovereign wealth fund of Singapore, is a global long-term investor established to manage the foreign reserves of Singapore.
OUR ROLE
We at Nishith Desai Associates, acted as legal counsel for GIC and advised GIC on legal and regulatory aspects along with deal documentation for the acquisition.
DEAL TEAM
Chambers and Partners Asia Pacific 2024: Top Tier for Tax, TMT, Employment, Life Sciences, Dispute Resolution, FinTech Legal
Legal 500 Asia Pacific 2024: Top Tier for Tax, TMT, Labour & Employment, Life Sciences & Healthcare, Dispute Resolution
Benchmark Litigation Asia Pacific 2023: Top Tier for Tax, Labour & Employment, International Arbitration
AsiaLaw Asia-Pacific 2023: Top Tier for Tax, TMT, Investment Funds, Private Equity, Labour and Employment, Dispute Resolution, Regulatory, Pharma
IFLR1000 2024: Top Tier for M&A and Private Equity
FT Innovative Lawyers Asia Pacific 2019 Awards: NDA ranked 2nd in the Most Innovative Law Firm category (Asia-Pacific Headquartered)
RSG-Financial Times: India’s Most Innovative Law Firm 2019, 2017, 2016, 2015, 2014