CCI Approves Stake Acquisition in Restaurant Brands Asia Limited by Multiple Entities
The Competition Commission of India (CCI) has given its approval for the acquisition of a stake in Restaurant Brands Asia Limited by Lenexis Foodworks Private Limited, Aayush Agrawal Trust, Inspira Foodworks Private Limited, Aayush Madhusudan Agrawal, and Inspira Agro Trading LLC. The transaction involves various steps such as equity subscriptions, warrant subscriptions, and equity purchases. The target company, Restaurant Brands Asia, is the master franchisee for the Burger King brand in India.
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