India, July 15 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved acquisition by Opal Bidco Pte. Ltd. of 100% shareholding in STT GDC Pte. Ltd.
The proposed combination involves the acquisition by Opal Bidco Pte. Ltd. (Opal Bidco) of 100% shareholding in STT GDC Pte. Ltd. (STT GDC) with Ruby Asia Holdings II Pte. Ltd. (Ruby), Singtel Interactive Pte. Ltd. (Singtel), Sunstone Investment Pte. Ltd. (Sunstone) and One Hundred And Thirty First Investment Company - Sole Proprietorship LLC (MIC Entity) acquiring economic interest (on a see-through basis) in STT GDC.
Ruby is a special purpose vehicle (SPV) indirectly wholly owned by investment funds, vehicles and / or accounts advised and mana...