CCI Approves Acquisition by Multiples Private Equity in V.I.P. Industries

The Competition Commission of India has approved the acquisition of shareholding in V.I.P. Industries Limited by Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities, and individuals Mithun and Siddhartha Sacheti. The acquisition involves significant investment from these entities, which are part of the Multiples group, known for its presence in various sectors including consumer goods and healthcare.

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