IFLR1000

Singapore Technologies Telemedia India\Singapore Technologies Telemedia Re31 billion acquisition of 74% of Tata Communications' data centre business

19/5/2016
Acquisition finance, Private acquisition
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Re 31 billion

$ 480 million

Completed

19/5/2016

Overview:

  • Singapore Technologies Telemedia India and Singapore Technologies Telemedia (STT) has acquired 74% of Tata Communications' data centre business for Re31 billion.
  • The deal includes 14 centres in India and three in Singapore.
  • STT is a subsidiary of Temasek Holdings.

Katrin Kostadinova - Data analyst

Jurisdictions:

India
Singapore

Deal types:

Acquisition finance
Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Technology and telecommunications

Firms:
Allen & Gledhill

Party: Singapore Technologies Telemedia (Acquirer)

Party: Singapore Technologies Telemedia India (Acquirer)

Goodwin Procter

Party: Tata Communications (Seller)

Khaitan & Co

Party: Tata Communications (Seller)

Lawyer: Sharad Abhyankar

Latham & Watkins

Party: Singapore Technologies Telemedia India (Acquirer)

Party: Singapore Technologies Telemedia (Acquirer)

Lawyers: Michael Sturrock, Sharon Lau

Trilegal

Party: Singapore Technologies Telemedia India (Acquirer)

Party: Singapore Technologies Telemedia (Acquirer)

Lawyer: Upasana Rao

TT&A

Party: Standard Chartered (Lender)

Lawyer: Sonali Mahapatra

WongPartnership

Party: Tata Communications (Seller)

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