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Latham & Watkins, Allen & Gledhill and Trilegal have advised Singapore’s ST Telemedia on its acquisition of a 74 percent stake in the data centre business of India’s Tata Communications for $635 million.

The seller was advised by Goodwin Procter, WongPartnership and Khaitan & Co.

The deal covers Tata Communications' 14 data centres across India for $467 million and its three Singapore facilities for $168 million. Tata Communications will retain the remaining 26 percent stake,

The lead partners from the various firms on the deal included Michael Sturrock and Sharon Lau for Latham & Watkins; Michele Foo for Allen & Gledhill; Anand Prasad and Upasana Rao for Trilegal; Jay R. Schifferli for Goodwin Procter and Milton Toon for WongPartnership. For Khaitan & Co., partners Sharad Abhyankar, Mehul Shah, Abhishek Sharma and Joy Jacob acted on the transaction. 

The investment is expected to help ST Telemedia continue investing in its strategic partnerships globally and to bolster its global data centre network to cover four geographies, including India and China, in service areas including IP, cloud enablement and unified communications services. 

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