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<h1>Merger control clearance for acquisition of sole control over VGP Holdings LLC, involving lubricant business transfer.</h1> The Competition Commission of India approved the proposed acquisition of 100% of the issued and outstanding share capital and sole control of VGP Holdings LLC by Gateway Velocity Holding Corp., an indirect subsidiary of Saudi Aramco. The deal follows a pre-closing reorganisation transferring Valvoline Inc.'s Global Products Business to the Target, which sells lubricants, coolants and AdBlue in India; a detailed CCI order will follow.