TDCX Enters into Definitive Merger Agreement with Transformative Investments Pte Ltd for Going-Private Transaction

Author: Benzinga Newsdesk | March 01, 2024 07:33am

TDCX Inc. ("TDCX" or the "Company") (NYSE:TDCX), today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Transformative Investments Pte Ltd, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent"), and Helium, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which the Company will be acquired by Mr. Laurent Junique, Founder, Executive Chairman, Director, CEO of the Company and his affiliates (the "Buyer Group") in a transaction implying an equity value of the Company of approximately US$1.037 billion.

Posted In: TDCX