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This is the crux of who we are. It is an articulation of precision in purpose, from the Firm’s beginnings to where we are today. Our collective eye is unerringly trained on tomorrow.

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Our insistence on strategic advisory exacts an in-depth understanding of and involvement with our clients’ businesses and industries. We engage not just individual businesses, but also contribute to the country’s legal and regulatory frameworks.

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left arrow Jul 15, 2026

Opal Bidco Pte. Ltd. and Ruby Asia Holdings II Pte. Ltd. (“KKR”) securing unconditional approval from the Competition Commission of India for the 100% acquisition of STT GDC Pte. Ltd.

AZB & Partners (“AZB”) acted as legal counsel to Opal Bidco Pte. Ltd. and Ruby Asia Holdings II Pte. Ltd. (“KKR”) in securing unconditional approval from the Competition Commission of India (“CCI”) for the 100% acquisition of STT GDC Pte. Ltd. (“STT GDC”). The CCI undertook a comprehensive review of the Indian data centre market, including its various segments, as part of its assessment. The AZB team’s involvement in this matter underscores its experience in advising on complex, multi-party merger control filings before the CCI.

Earlier in 2024, the AZB team had also advised KKR and Singtel Interactive Pte. Ltd. in obtaining CCI approval for their minority investment in STT GDC, which was also CCI’s first review of a filing in the data centre market.

The deal team comprised our Senior Partner Bharat Budholia; our Partner Kirthi Srinivas; our Senior Associates Varun Thakur and Shivangi Pradhan; and Associates Varnika Agarwal and Arth Doshi.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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