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of <h1>CCI Approves Manipal Health's Acquisition of Aakash Educational Services, Expanding Education and Healthcare Reach.</h1> The Competition Commission of India has approved the acquisition of Aakash Educational Services Limited by Manipal Health Systems Private Limited and MEMG Family Office LLP. Manipal Health Systems is involved in healthcare services, while MEMG Family Office provides consultancy services. Aakash Educational Services offers coaching services for students from class 8 to 12, including preparatory coaching for competitive exams. The acquisition involves an equity stake allotment to Manipal Health Systems and the right to transfer certain shares. The detailed order from the CCI is pending.
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