NewQuest Asia Fund IV (Singapore) Pte. Ltd. (Tpg Nq)
CCIC-2023/09/1056
Case brief
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What is this about?
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What the court decided
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A compact analysis
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Summary of the Proposed Transaction
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[In terms of Regulations 13 (1A) of the Competition Commission of India (Procedure in
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regard to the transaction of business relating to combinations), 2011]
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A. Name of the parties to the combination
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- The names of the parties to the combination are:
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- a. NewQuest Asia Fund IV (Singapore) Pte. Ltd. ( TPG NQ/ Acquirer )
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- b. Shadowfax Technologies Private Limited ( SFX )
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(TPG NQ and SFX are collectively referred to as Parties )
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B. The nature and purpose of the combination
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- TPG NQ proposes to acquire certain shareholding of SFX ( Proposed Transaction ).
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- The Proposed Transaction is in the nature of an acquisition and is notifiable under Section 5(a)(i)(A) of the Competition Act, 2002.
Case details
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