Deal Corner
August 01, 2018
UST Group raises USD 250 million from Temasek, becomes Unicorn

DEAL BRIEF

UST Global has raised approximately USD 250 million from Macritchie Investments Pte. Ltd., an investment company belonging to the Temasek group, making UST a unicorn. Temasek has acquired approximately 20% stake in UST vide this transaction. The UST Group is a leading digital technology solutions group, which provides advanced computing and digital services to large private and public enterprises around the world, including Fortune 500 companies. Temasek is a Singapore-owned global investment company with a portfolio of over USD 200 billion.

Press coverage relating to this transaction is available here, here, and here.

OUR ROLE

We, at Nishith Desai Associates, acted as transaction counsel to UST Global, and advised on legal, regulatory and strategic aspects of the transaction.

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Deal Corner

August 01, 2018

UST Group raises USD 250 million from Temasek, becomes Unicorn

DEAL BRIEF

UST Global has raised approximately USD 250 million from Macritchie Investments Pte. Ltd., an investment company belonging to the Temasek group, making UST a unicorn. Temasek has acquired approximately 20% stake in UST vide this transaction. The UST Group is a leading digital technology solutions group, which provides advanced computing and digital services to large private and public enterprises around the world, including Fortune 500 companies. Temasek is a Singapore-owned global investment company with a portfolio of over USD 200 billion.

Press coverage relating to this transaction is available here, here, and here.

OUR ROLE

We, at Nishith Desai Associates, acted as transaction counsel to UST Global, and advised on legal, regulatory and strategic aspects of the transaction.

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.