Deal Closed | Temasek Capital Management Pte. Ltd | Investment Made by Lone Pine in Pine Labs Pte. Ltd.

The details of the deal are as under:

Announcement Date:: 22-Dec-2020 

Completion Date:  22-Dec-2020 

Name of Client: Temasek Capital Management Pte Ltd 

Target Details: Pine Labs Pte. Ltd. | Singapore  

Deal Description: Khaitan and Co advised existing investor Temasek (MacRitchie Investments Pte. Ltd.) in relation to the investment made by Lone Pine in Pine Labs Pte. Ltd. through equity subscription at a valuation of USD 2 billion for an aggregate amount of USD 100 million. 

Total Consideration: USD 100 million 

Team Members: Vineet Shingal (Partner), Rohan Shrivastava (Senior Associate), Tanvi Arora (Senior Associate) 

Role of Firm: Represented existing investor, Temasek (MacRitchie Investments Pte. Ltd.) in relation to the investment made by Lone Pine in Pine Labs Pte. Ltd. 

Other legal advisors if any with names of Lead Lawyers 

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