CCI approves proposed acquisition of compulsorily convertible preference shares and equity of Nxtra Data Limited by Comfort Investments II

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..... CCI approves proposed acquisition of compulsorily convertible preference shares and equity of Nxtra Data Limited by Comfort Investments II - News and Press Release Dated:- 27-8-2020 - News - The Com .....

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..... petition Commission of India (CCI) approves proposed acquisition of compulsorily convertible preference shares and equity of Nxtra Data Limited by Comfort Investments II. The proposed combination p .....

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..... ertains to the acquisition of compulsorily convertible preference shares and a few equity shares of Nxtra Data Limited by Comfort Investments II. Further, it is stated that the CCPS shall be converted .....

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..... to equity shares upon completion of the valuation. Comfort Investments II is a special purpose vehicle incorporated in Mauritius, created for the purposes of the proposed transaction and is owned .....

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..... and controlled by the investment funds advised by affiliates of the Carlyle Group Inc. The Carlyle Group Inc. is a global alternative asset manager, which manages funds that invest globally. Nxtra .....

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..... Data, and unlisted entity incorporated in India, is a fully owned subsidiary of Bharti Airtel Limited which provides an integrated portfolio of colocation, cloud and managed services across India thro .....

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..... ugh its 10 data centers located in India(including 2 partner data centres in Mumbai) across 7 locations. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India .....

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..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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