<h1>CCI Approves Saudi Aramco's Acquisition of VGP Holdings LLC, Valvoline's Global Products Business, by Gateway Velocity Holding Corp.</h1> The Competition Commission of India (CCI) has approved the acquisition of 100% of the share capital and sole control of VGP Holdings LLC by Gateway Velocity Holding Corp. Gateway is a newly formed Delaware corporation, a subsidiary of Aramco Overseas Company B.V., which is owned by Saudi Arabian Oil Company (Saudi Aramco). VGP Holdings LLC, following a reorganization, will receive Valvoline Inc.'s Global Products Business, which markets automotive maintenance products globally, including in India. The acquisition involves Saudi Aramco acquiring VGP Holdings from Valvoline Inc. through its subsidiaries. A detailed CCI order will be issued subsequently.