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

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....CI approves proposed acquisition of compulsorily convertible preference shares and equity of Nxtra Data Limited by Comfort Investments II <br>News and Press Release<br>Dated:- 27-8-2020<br><BR>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 per....

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....tains 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 t....

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....o 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 and ....

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....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 Data, ....

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....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 through it....

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....s 10 data centers located in India(including 2 partner data centres in Mumbai) across 7 locations. Detailed order of the CCI will follow.<BR> News - Press release - PIB....