TMI BlogCCI approves acquisition by BCP Topco IX Pte. Ltd. (BCP Topco), Waverly Pte Ltd. (GIC Investor) and Platinum Owl C 2018 RSC Limited (ADIA Investor) of Mphasis LimitedX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition by BCP Topco IX Pte. Ltd. (BCP Topco), Waverly Pte Ltd. (GIC Investor) and Platinum Owl C 2018 RSC Limited (ADIA Investor) of Mphasis Limited - News and Press Release Dated:- 8-6-2021 - News - The Competition Commission of India (CCI) approves acquisition by BCP Topco IX Pte. Ltd.(BCP Topco), Waverly Pte Ltd. (GIC Investor) and Platinum Owl C 2018 RSC Limited(ADIA Invest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or)( Acquirers ) of Mphasis Limited ( Target ) under Section 31(1) of the Competition Act, 2002 , today. The proposed transaction pertains to the acquisition of up to 75% shareholding in the Target by BCP Topco through a series of inter-connected transactions. BCP Topco is a private limited company, incorporated under the laws of Singapore. It has not been engaged in providing any product ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s / services and / or performing the business of investment holding in India or worldwide, since its incorporation. GIC Investor is a special purpose vehicle organised as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited. Platinum Owl is acting in its capacity as trustee for Platinum Jasmine Trust ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , and Abu Dhabi Investment Authority (ADIA) is the sole beneficiary and settlor of the Platinum Jasmine Trust. Target is a public limited company, registered under the Companies Act, 1956 , listed on National Stock Exchange of India Limited and BSE Limited. It is a global information technology ( IT ) service provider specialising in providing cloud and cognitive services, including applicat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion development and maintenance, infrastructure management services, knowledge processing services, service/technical helpdesk, transaction processing services and customer service, business process management / business process outsourcing ( BPO ) and infrastructure services, globally through a combination of technology knowhow, domain and process expertise. Detailed order of the CCI will fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... llow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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