CCI Approves Acquisition of Batlivala & Karani Firms by 360 ONE
The Competition Commission of India (CCI) has approved the proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE.360 ONE WAM Limited (Acquirer) is a wealth and asset management firm in India. Batlivala & Karani Securities Private Limited (Target 1) is engaged in equity broking, financial product distribution, investment banking, and research analysis. Batlivala & Karani Finserv Private Limited (Target 2) is involved in distributing financial products.The proposed combination includes..
CCI Approves Acquisition of Equity in Haldiram Snacks Food
The Competition Commission of India (CCI) has approved the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited (Target) by Jongsong Investments Pte. Ltd. (Acquirer).The transaction involves the acquisition of less than ten per cent of the issued and paid-up equity share capital of the Target by the Acquirer.Jongsong Investments is an investment holding company and an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited, headquartered in Singapore. Temasek’s global portfolio spans sectors including transportation, financial ..
CCI Approves Acquisition of Majority Stake in Nazara Technologies
The Competition Commission of India (CCI) has approved the acquisition of majority stake and control over Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Private Limited.The combination relates to the acquisition of majority stake/control over Nazara Technologies Limited by Axana Estates LLP, an LLP involved in real estate and investment activities; Plutus Wealth Management LLP, engaged in stock and commodity broking and trading; and Junomoneta Finsol Private Limited, active in proprietary stock broking and trading in equity, commodity, and..
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