CCI Approves Schneider Electric's Stake Acquisition in Indian and Singaporean Subsidiaries

The Competition Commission of India (CCI) has authorized Schneider Electric SE's proposed acquisition of a 35% stake in two subsidiaries: Schneider Electric India Private Limited and Schneider Electric JV Holdings 2 Pte. Ltd. from MacRitchie Investments Pte. Ltd. Schneider Electric is a French multinational company focused on energy management and automation, and this acquisition aims to enhance their influence in the Indian and Singaporean markets.

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