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TDCX enters into definitive merger agreement for privatisation transaction

Bryan Wu
Bryan Wu • 3 min read
TDCX enters into definitive merger agreement for privatisation transaction
The transaction implies an equity value of TDCX of approximately US$1.037 billion ($1.4 billion). Photo: Albert Chua/The Edge Singapore
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NYSE-listed TDCX Inc. has entered into a definitive merger agreement for its previously announced privatisation proposal.

On March 1, the company announced its merger agreement with Transformative Investments, a Cayman Islands exempted company, and Helium, a wholly-owned subsidiary of Transformative Investments.

The agreement will see TDCX acquired by founder and CEO Laurent Junique and his affiliates in a transaction implying an equity value of the company of approximately US$1.037 billion ($1.4 billion).

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