India:
NDA Represents Funderburk Mauritius Limited And Everest Capital (M) Limited Participate In ATC Viom Sale
03 December 2015
Nishith Desai Associates
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DEAL BRIEF
Funderburk Mauritius Limited, an affiliate of Oman Investment
Fund and Everest Capital (M) Limited, an affiliate of Asia Pacific
Capital participated in the sale of their respective stake in Viom
Networks Limited ("Viom") to American
Tower Corporation and / or its affiliates.
Viom is India's leading independent tower company with
nearly 42,000 towers and another 1,000 towers, which are under
construction. The transaction, which has been hailed as this
year's largest FDI inward transaction, involves a total cash
consideration of INR 76 billion (approx. USD 1.15
billion).1
Oman Investment Fund is a leading sovereign wealth fund which
functions as the investment arm of the Government of Oman.
Asia Pacific Capital is a leading asset management company based
out of Hong Kong which is currently managing Asia Pacific Capital
Fund II, seeded by BNP Paribas with support from leading Asian
institutional investors.
Footnotes
1 Source:
http://americantower.com/corporateus/investor-relations/press-releases/news-item.htm?id=2098981
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