<h1>Competition approval for subscription of convertible preference shares permits investor financing into an integrated healthcare parent company.</h1> The Competition Commission of India approved the subscription of compulsorily convertible preference shares in API Holdings Limited by two investor entities; the transaction is a financial instrument subscription into the ultimate parent of an integrated healthcare group active in pharmaceutical distribution, medical devices, OTC products, diagnostics and tele medical services, and the subscribing parties are investment vehicles rather than operating competitors.