CCI approves the proposed combination involving acquisition of additional shareholding in Thoughtworks Holding, Inc. by AP Funds and Temasek

CCI approves the proposed combination involving acquisition of additional shareholding in Thoughtworks Holding, Inc. by AP Funds and Temasek https://www.taxtmi.com/news?id=28061 Approval concerns an acquisition where AP-advised investment funds, via an AP-controlled SPV, will acquire additional equity in Thoughtworks Holding, Inc. resulting in full control by the AP Funds and Nevado Investments, an indirect Temasek subsidiary, retaining an approximate minority non-controlling passive stake. The Commission's clearance addresses competition implications of the change in control and ownership structure, with a detailed order to follow. en-us Wed, 30 Oct 2024 10:01:57 +0530 Wed, 30 Oct 2024 10:01:57 +0530 TaxTMI RSS Generator CCI approves the proposed combination involving acquisition of additional shareholding in Thoughtworks Holding, Inc. by AP Funds and Temasek https://www.taxtmi.com/news?id=28061 Approval concerns an acquisition where AP-advised investment funds, via an AP-controlled SPV, will acquire additional equity in Thoughtworks Holding, Inc. resulting in full control by the AP Funds and Nevado Investments, an indirect Temasek subsidiary, retaining an approximate minority non-controlling passive stake. The Commission's clearance addresses competition implications of the change in control and ownership structure, with a detailed order to follow. News - Wed, 30 Oct 2024 10:01:57 +0530 https://www.taxtmi.com/news?id=28061