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<h1>Merger control: Approval granted for acquisition of full equity and control in multiple SPVs by an infrastructure investment trust.</h1> Approval records the acquisition by an irrevocable, SEBI registered Infrastructure Investment Trust of full equity, management and control in multiple project SPVs previously held by PNC Infratech entities, focusing on the transfer of ownership and control in concession holding entities operating roads under Hybrid Annuity Model and Build Operate Transfer frameworks.
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