Cyril Amarchand Mangaldas advised Tata Electronics Private Limited in obtaining the Competition Commission of India’s approval for its acquisition of majority shareholding of Pegatron Technology India Private Limited, and other connected steps.
This follows TEPL’s acquisition of Wistron’s India operations (based in Narsapura, Karnataka) less than a year ago in March 2024.
CAM has advised TEPL on the competition aspects of both transactions.
The transaction was led by Dhruv Rajain, Partner; with support from Aaditya Ranbir Sahgal, Senior Associate, Vanya Agarwal, Associate, and Vrinda Gundam, Associate.
The transaction was signed on September 23, 2024 and closed on January 24, 2025.
