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CCI approves acquisition of additional shares in Sikkim Urja Limited (formerly Teesta Urja Limited) by Greenko Energies Private Limited

The Competition Commission of India (CCI) has approved the acquisition of additional shares in Sikkim Urja Limited (formerly Teesta Urja Limited) by Greenko Energies Private Limited. Greenko Energies is a limited liability company incorporated in India. It is an (indirectly) wholly-owned subsidiary of Greenko Mauritius. Greenko Mauritius is wholly-owned by Greenko …

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CCI approves acquisition of Compulsorily Convertible Preference Shares (CCPS) in Northern Arc Capital Limited by International Finance Corporation (IFC)

The Competition Commission of India (CCI) has approved the acquisition of Compulsorily Convertible Preference Shares (CCPS) in Northern Arc Capital Limited (Northern Arc/Target) by the International Finance Corporation (IFC). The Proposed Combination involves the acquisition of fully paid Series C CCPS (‘Subscription Shares’) in Northern Arc by IFC. The Subscription …

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