CCI Approves Acquisition of Aadhar Housing Finance by BCP Asia
The Competition Commission of India has approved BCP Asia II Holdco VII Pte. Ltd.'s acquisition of up to 80.15% shareholding in Aadhar Housing Finance Ltd. The acquisition involves a secondary purchase and an open offer to public shareholders. BCP Asia is controlled by Blackstone Inc. and does not engage in investment holding activities. Aadhar Housing Finance provides home loans and is registered to distribute insurance products in India.
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