Wednesday, November 20, 2024
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AZB & Partners Secures CCI Approval for KKR and Singtel Investment in STT GDC

AZB & Partners represented a consortium of KKR and Singtel, securing Competition Commission of India (CCI) approval for their investment in STT GDC Pte Ltd, with certain commitments attached.

This marks a precedent in CCI’s evaluation of the data center sector.

The core team leading the transaction included Partners Bharat V Budholia and Kirthi Srinivas, Senior Associate Vayshnavi Ganesh, and Associate Shaurya Kumar, with support from Associates Mrigank Patel, Sevanshi Kamdar, and Arnav Singh. AZB & Partners acted as the sole Indian and CCI counsel for this deal.

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