<h1>Competition approval: Subscription to CCPS B in API Holdings by MEMG and 360 ONE proceeds after regulatory review.</h1> Competition regulator approved the subscription to Compulsorily Convertible Preference Shares (CCPS) B of API Holdings by MEMG Family Office LLP and 360 ONE Private Equity Fund. The Proposed Combination involves subscription acquisitions by the two acquirers in an unlisted public company active in the pharmaceutical and healthcare sector and was assessed as a reportable combination under the Competition Act, 2002.