CCI Approves Acquisition of IL JIN Electronics by ChrysCapital and Partners
The Competition Commission of India has approved the acquisition of shareholding in IL JIN Electronics (India) Private Limited by ChrysCapital Fund X, Two Infinity Partners, and Raptor Investments Limited. The acquisition involves compulsorily convertible preference shares and equity shares. IL JIN provides electronic manufacturing services and energy solutions, including products like PCBs, smart watches, and solar inverters. A detailed order from the Commission will follow.
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