Deal Corner
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

Nishchal Joshipura

Anirudh Arjun

Anurag Shah

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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.

Deal Corner

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

Nishchal Joshipura

Anirudh Arjun

Anurag Shah

Disclaimer

The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.

This Hotline provides general information existing at the time of preparation. The Hotline is intended as a news update and Nishith Desai Associates neither assumes nor accepts any responsibility for any loss arising to any person acting or refraining from acting as a result of any material contained in this Hotline. It is recommended that professional advice be taken based on the specific facts and circumstances. This Hotline does not substitute the need to refer to the original pronouncements.

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.