Deal Corner
February 15, 2024
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

Nishchal Joshipura

Anirudh Arjun

Anurag Shah

 

 

Disclaimer

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We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

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Deal Corner

February 15, 2024

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

Nishchal Joshipura

Anirudh Arjun

Anurag Shah

 

 

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.