Competition Commission of India (CCI) No 20 august 2024 was later approved.
IndusIndInternational Holdings Limited by Invesco AMC & Acquisition of shareholding in Invesco Trustee
CCI has issued a notice to IndusInd International Holdings Ltd (IIHL) by Invesco Asset Builder (India) Private Limited (Invesco AMC) and Invesco Trustee Private Limited (Invesco Trustee) in each of the 60% Shareholding Approved the acquisition of.
IIHL Wholly Owned SubsidiaryIIHL AMC Holdings Limited (IIHL AMC) which has been installed specifically for the proposed combination.
Key Points:
IIHL is a Global Business Licence (GBL) (Category 1) licensed company established in Mauritius, primarily engaged in investment golf across various sectors.
Invesco Trustee and Invesco AMC namely Invesco Grade Fundee are the trustee company and assets holding company.
He has been appointed as a Chairman and Managing Director of the SEBI (Retired Funds) Board of India under the SEBI (Retired Funds) Regulations, 1996.SEBI) has been done by.
Invesco AMC is also registered as a Portfolio Manager under SEBI (Portfolio Managers) Regulations, 2020.
Shareholding acquired in Shriram Manipur Finance Limited by Mango Crest Investment Limited
The CCI has Mango Crest Investment Limited by (Acquirer) Shriram Builder Finance Limited Acquisition of shareholding in (Target) was approved.
- The Acquirer is a company incorporated in Mauritius, specialising in investment investments.
- Lakshya is a housing finance company registered with the National Housing Bank (NHB).
Acquisition of Advent and merger of Chemed into Apollo Healthco
CCI has prepared the proposed combination 1. 1. 2. 3. 4. 5. 6. 7. 8. 9. 1 … including Advent International, LP (Denevent) by Resmeli Limited (Rasamali) through Apollo Healthco Limited (AHL/Apollo Healthco) the acquisition of, AHL/Apollo Healthco Chemed Pvt Ltd (Chemed) Of , And Chemed Of AHL/Apollo Healthco In Because Is included.
Proposed combinations:
Rasmeli, managed by Advent, minority investment in 2 tranches in AHL with certain rights in AHL.
AHL proposes to acquire certain stock in Chemed through phased primary and secondary divestiture.
Within a stated period from the Rasmeli investment, Chemed and AHL will take the necessary steps towards the merger of Chemed into AHL.
Prior to the Rasameli investment, Apollo Hospitals International Limited (AHEL) has targeted certain equity investors of AHL and has proposed to subscribe for the new investment stock by AHL.
Key Points:
- Rasmeli is a Cyprus-based investment unit (no presence or presence in India) of Advent focused on investments in management, healthcare, technology and other sectors.
- AHEL is engaged in tertiary and secondary healthcare services, hospital project consultancy and market healthcare services in India.
- AHL Health Services, which operates the “Apollo 24|7” platform, is also engaged in wholesale distribution of medicines, fast-moving consumer goods (FMCG), etc.
- Chemedic is also involved in the wholesale distribution of medicines and FMCG drugs and marketing and sales of pharmaceutical drugs.
