Friday, July 11, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

CCI approves US-based Sutherland’s shares acquisition by Coral Blue of Singapore

Fiinews by Fiinews
January 13, 2022
in Investment, Technology
Reading Time: 2 mins read
A A
0
Sutherland Global Holdings Inc
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Sutherland operates four indirect subsidiaries in India

The Competition Commission of India (CCI) has approved Singapore state-owned Coral Blue Investment acquisition of shares in Sutherland Global Holdings Inc, a US global information technology service provider which operates four indirect subsidiaries in India.

The proposed combination pertains to the acquisition of Series C Preferred Stock convertible to common stock of Sutherland in two tranches by the Coral Blue Investment Pte Ltd of the Singapore state investor GIC.

The acquisition is subject to the fulfilment of relevant conditions, CCI said, announcing the approval on 11 Jan 2022.

GIC Investor is wholly-owned by GIC Blue Holdings Pte Ltd, an entity which is in turn wholly-owned by GIC (Ventures) Private Limited. GIC Investor is a special purpose vehicle organized as a private limited company in Singapore. It is part of a group of investment holding companies managed by (i) GIC Special Investments Private Limited, which is wholly-owned by GIC Private Limited and (ii) the Integrated Strategies Group of Government Investment Corp (GIC).

Sutherland, a privately held holding company incorporated in the United States, operates as a holding company and is a global information technology service provider. It specializes in the provision of integrated business process outsourcing (BPO), business transformation, cloud, back office, and front office services, business process and technology management services.

It operates through four indirect subsidiaries in India i.e., (i) Sutherland Global Services Private Limited; (ii) Sutherland Development Company Private Limited; (iii) Adventity Global Services Private Limited; and (iv) Sutherland Healthcare Solutions Private Limited. fiinews.com

Tags: Sutherland Global Holdings IncThe Competition Commission of India
ShareTweetShare

Related Posts

Ansrsource With Tagline
Technology

Tech: ansrsource-ANSR reshape talent across India

by Fiinews
July 11, 2025
0
18

Ahuja to help clients achieve unprecedented levels of operational excellence Austin’s ansrsource has formed a strategic partnership with ANSR, the...

Infogain
Infogain

Tech: Infogain launches GCC solutions in India

by Fiinews
July 11, 2025
0
19

GCC solutions for AI-driven talent, infrastructure and processes Infogain, a leader in digital customer experience engineering based in Silicon Valley,...

IVCA

Invest: India requires $150-$200bn for renewables

July 10, 2025
25
Synergy Quantum

Tech: Partners work on India’s first space infra

July 10, 2025
13
Veeda Lifesciences Logo

Invest: Veeda to leverage Mango AI capabilities

July 9, 2025
12
PIB

Tech: Every Indian stakeholder in bioeconomy

July 9, 2025
23
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Japanese delegation inspects DMIC progress
  • Project: Mindset change is critical for innovation
  • Project: 4,000% in installed solar capacity
  • Project: EV policies part of climate goals
  • Tech: ansrsource-ANSR reshape talent across India

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.