Hogan Lovells advises special committee of TDCX's board of directors on US$1.037 billion going-private transaction
Hong Kong, 7 March 2024 - Global law firm Hogan Lovells acts as U.S. legal counsel to the Special Committee of the Board of Directors of TDCX Inc. (NYSE: TDCX) in connection with the going-private transaction led by its founder and CEO, Mr. Laurent Junique. On March 1, the Special Committee and the buyer group led by Mr. Laurent Junique entered into a definitive Agreement and Plan of Merger. Pursuant to the terms of the agreement, the equity of TDCX Inc. was valued at approximately US$1.037 billion.
The merger transaction is expected to close in the second quarter of 2024. Upon completion, TDCX Inc. will be delisted from the New York Stock Exchange.
The merger transaction was featured in a number of international and local media outlets including Forbes, Business Wire, The Edge etc.; and legal publications including Asian Legal Business and Asia Business Law Journal.
The merger transaction is led by partner and head of Private Equity in Greater China, Stephanie Tang, with support from Hong Kong Finance partner Owen Chan, New York Litigation partner William Regan and the team.
In recent years, Stephanie Tang has led 31 going-private transactions of U.S.-listed companies in the Asia Pacific region. We are the leader in representing independent and special committees, private equity firms, buyers and financial advisors in going-private transactions. Combined with Stephanie’s track record of completing over 20 U.S. IPOs, we have established a leading market presence in U.S. public company work.
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