Matribhumi Samachar English
The Competition Commission of India (CCI) has approved the proposed acquisition by Naspers Ventures B.V. in Vastu Housing Finance Corporation Limited. Naspers Ventures B.V. (Naspers Ventures/ Acquirer) is an indirect, wholly owned subsidiary of Prosus N.V. (Prosus). The Acquirer is an investment holding company and its principal activity is to …
Read More »CCI approves combination involving RIL, Viacom18, Digital18 Media Limited, SIPL and STPL
The Competition Commission of India (CCI) has approved the proposed combination involving Reliance Industries Limited (RIL), Viacom18 Media Private Limited (Viacom18), Digital18 Media Limited, Star India Private Limited (SIPL) and Star Television Productions Limited (STPL), subject to the compliance of voluntary modifications. The proposed combination envisages to combine the entertainment …
Read More »CCI Approves Mangalore Chemicals & Fertilizers-Amalgamation and Zuari Maroc Acquisition
The Competition Commission of India (CCI) has approved the proposed amalgamation of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Limited and proposed acquisition of equity shares of Mangalore Chemicals & Fertilizers Limited by Zuari Maroc Phosphates Private Limited. Paradeep Phosphates Limited (PPL) is a company under the Adventz group of …
Read More »CCI Approves Proposed Combination Involving Amazon Asia-Pacific, Frontizo, Appario, Haverl and CRPL
The Competition Commission of India (CCI) has approved the proposed combination involving, inter alia, Amazon Asia-Pacific Holdings Private Limited (Amazon Asia-Pacific), Frontizo Business Services Private Limited (Frontizo), Appario Retail Private Limited (Appario), Haverl LLC (Haverl) and Clicktech Retail Private Limited (CRPL). The Proposed Combination involves the following transactions: Acquisition by …
Read More »CCI Approves Manipal Health Systems’ Acquisition in Aakash Educational Services Limited
The Competition Commission of India (CCI) has approved acquisition by Manipal Health Systems Private Limited and MEMG Family Office LLP in Aakash Educational Services Limited. Manipal Health Systems Private Limited (Acquirer-1) is a company resident in India engaged in the business of running/ managing hospitals and providing healthcare services. MEMG Family …
Read More »CCI approves acquisition of certain equity shares of Cigniti by Coforge
The Competition Commission of India (CCI) has approved acquisition of certain equity shares of Cigniti Technologies Limited (Cigniti) by Coforge Limited (Coforge). The proposed transaction relates to the acquisition of at least 50.21% and up to 54% shareholding on a fully diluted basis of Cigniti by Coforge pursuant to the …
Read More »Mitsubishi Corporation’s Equity Stake Acquisition in TVS Certified and TVS Vehicle Mobility Approved by CCI
The Competition Commission of India (CCI) has approved the acquisition of certain equity stake of TVS Certified Private Limited and TVS Vehicle Mobility Solution Private Limited by Mitsubishi Corporation. The Proposed Combination relates to Mitsubishi Corporation (Acquirer) acquiring an equity stake in TVS Certified Private Limited (Target 1) and TVS …
Read More »CCI approves acquisition of Global Infrastructure Management, LLC by BlackRock Funding, Inc.
The Competition Commission of India (CCI) has approved acquisition of Global Infrastructure Management, LLC by BlackRock Funding, Inc. The proposed combination relates to the acquisition of 100% of the limited liability company interests in Global Infrastructure Management, LLC (GIM) by BlackRock Funding, Inc (BFI). BFI is a newly formed wholly …
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