News Details
September 17, 2024
NDA Represents GIC For Its Funding of INR 1,674 Crore (~USD 200 Million) In Data Infrastructure Trust for The Acquisition of American Tower Corporation, India
DEAL BRIEF
GIC, through its affiliate Anahera Investments Pte Limited, funded Data InvIT with INR 1,674 crore (~USD 200 Million) to fund the acquisition of American Tower Corporation, India (‘ATC’). Data InvIT is a SEBI-registered InvIT engaged in the sector of passive telecom infrastructure services. GIC is a leading global investment firm established to secure Singapore’s financial future.
OUR ROLE
We at Nishith Desai Associates, acted as legal counsel for GIC and advised GIC on legal and regulatory aspects with respect to the funding of Data InvIT for the purpose of acquisition of ATC.
DEAL TEAM
