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<h1>Competition Commission of India Approves Acquisition of Mphasis by BCP Topco and Partners, Involving 75% Stake Transfer.</h1> The Competition Commission of India has approved the acquisition of Mphasis Limited by BCP Topco IX Pte. Ltd., Waverly Pte Ltd., and Platinum Owl C 2018 RSC Limited. The transaction involves BCP Topco acquiring up to 75% shareholding in Mphasis through interconnected transactions. BCP Topco and GIC Investor are private limited companies based in Singapore, while Platinum Owl acts as a trustee for the Platinum Jasmine Trust, with Abu Dhabi Investment Authority as the sole beneficiary. Mphasis is a public company listed in India, providing global IT services, including cloud and cognitive services.