AZB & Partners Advices Tata Technologies in stake acquisition by Green Boat Investment Limited
The Competition Commission of India (CCI) has given its nod to Green Boat Investment Limited (an investment holding company ultimately owned by certain private equity funds managed by Warburg Pincus LLC) in the acquisition of approximately 49% stake from the Existing Shareholders of Tata Technologies Limited for USD 360 million (INR 23 billion).The deal was signed on July 3, 2017 and...
The Competition Commission of India (CCI) has given its nod to Green Boat Investment Limited (an investment holding company ultimately owned by certain private equity funds managed by Warburg Pincus LLC) in the acquisition of approximately 49% stake from the Existing Shareholders of Tata Technologies Limited for USD 360 million (INR 23 billion).
The deal was signed on July 3, 2017 and was completed on August 9, 2017.
Tata Technologies Limited was advised by AZB & Partners. The AZB & Partners team comprised Partner Rahul Rai and Associates Gaurav Bansal and Sammith S.