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CCI approves Proposed Combination in acquisition of 100% equity interest and joint control in Virtusa Corporation by Austin HoldCo., GIC Investor and CPPIB Investor The Competition Commission of India (CCI) approves the Proposed Combination relating to the acquisition of 100% equity interest and joint control in Virtusa Corporation by Austin HoldCo., GIC Investor and CPPIB Investor. The Proposed Combination relates to the acquisition of 100% equity interest and joint control in Virtusa Cor
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FAQ :
The CCI has approved the proposed combination relating to the acquisition of 100% equity interest and joint control in Virtusa Corporation.
Austin HoldCo., GIC Investor, and CPPIB Investor are acquiring Virtusa Corporation.
Virtusa is a global information technology services company providing IT services such as application outsourcing, business and IT consulting, technology implementation, and digital engineering.
Austin HoldCo. is a Delaware-incorporated company that is not currently engaged in any business activity.
GIC Investor is part of a group of investment holding companies managed by GIC Special Investments Private Limited, and CPPIB Investor is a wholly-owned subsidiary of Canada Pension Plan Investment Board.
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