Competition Commission of India
The Competition Commission of India has approved the acquisition of IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited by the IRB InvIT Fund. Additionally, Anahera Investment Pte. Ltd. will acquire units of the IRB InvIT Fund. This marks a significant move in India's
Competition Commission of India
The Competition Commission of India has approved the acquisition of the entire shareholding of IPM Inc. and OC NL Invest Cooperatief U.A. in Owens-Corning (India) Pvt. Ltd. by Triumph Composites Pvt. Ltd. and Quartz Fibre Private Limited. This acquisition is part of a global transaction involving the sale of
Competition Commission of India
The Competition Commission of India has approved PNC Infratech Limited's acquisition of Jaiprakash Associates Limited, allowing for a purchase of 95% to 100% of JAL. JAL is currently in a corporate insolvency resolution process. PNC Infratech is an infrastructure company focused on EPC projects, while JAL operates in
Competition Commission of India
The Competition Commission of India has approved the acquisition of Dana Incorporated's off-highway business by Allison Transmission Holdings, Inc. This acquisition involves Dana's off-highway business, which specializes in drivetrain and propulsion solutions for various industries. Allison, headquartered in Indianapolis, designs vehicle propulsion systems and has a
Competition Commission of India
The Competition Commission of India has approved the acquisition of certain share capital and voting rights of YES Bank by Sumitomo Mitsui Banking Corporation (SMBC). SMBC, a Japan-based commercial bank, operates in India and provides various banking services. YES Bank is a private sector bank offering a wide range of
Competition Commission of India
The Competition Commission of India has approved Manipal Hospitals Private Limited's acquisition of up to 100% shareholding in Sahyadri Hospitals Private Limited. This acquisition will enhance Manipal's presence in the healthcare sector, as Sahyadri operates a multi-specialty hospital chain in Maharashtra, providing advanced medical care across
Competition Commission of India
The Competition Commission of India has approved PSA India Pte. Ltd.'s acquisition of an additional 40% shareholding in PSA Bharat Investments Pte. Ltd., allowing PSA India to gain 100% equity in the target company. The acquisition involves purchasing shares from AIN Investment Ltd. Both companies are Singapore-based and
Competition Commission of India
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
Competition Commission of India
The Competition Commission of India has approved the acquisition of Skechers U.S.A, Inc. by 3G Capital Partners, which will gain sole control over the company. The deal also includes an investment from Kakapo Investment Pte. Ltd. The acquisition involves an indirect purchase by affiliates of 3G Capital and
Competition Commission of India
The Competition Commission of India has approved the acquisition of an equity stake in Quest Global Services Pte. Ltd. by CA Plume Investments and Bequest Inc. CA Plume, an investment vehicle controlled by The Carlyle Group, will acquire shares from Bequest, a holding entity of Quest Global's CEO.
Competition Commission of India
The Competition Commission of India has approved The Phoenix Mills Limited's acquisition of the remaining 49% shareholding in Island Star Mall Developers Private Limited (ISMDPL) from the Canada Pension Plan Investment Board. This acquisition will give Phoenix Mills full control over ISMDPL, which is involved in the development
Competition Commission of India
The Competition Commission of India has approved the acquisition of a 3.06% shareholding in Micro Life Sciences Pvt. Ltd. by Platinum Jasmine A 2018 Trust, managed by Platinum Owl C 2018 RSC Limited. The acquisition includes subscribing to new equity shares and purchasing shares from Bilakhia Holdings Pvt. Ltd.