<h1>Competition Commission of India Approves API Holdings' Acquisition of Medlife, Shareholders to Receive 19.59% Equity in Return.</h1> The Competition Commission of India has approved the acquisition of 100% equity shares of Medlife International Private Limited by API Holdings Private Limited. In return, Medlife's shareholders will acquire up to 19.59% equity share capital of API Holdings. API Holdings, a private company established in 2019, is involved in various pharmaceutical-related business activities, including the wholesale distribution of drugs and providing technology solutions for the healthcare sector. Medlife, founded in 2014, operates in the wholesale and retail distribution of pharmaceutical products and offers healthcare services like digital doctor consultations and online diagnostics.