<h1>Competition Commission approves acquisition by two Category II AIFs, holding company and individuals in listed luggage maker</h1> The Competition Commission of India approved a share acquisition by two Category II alternative investment funds managed by the same asset manager, an investment holding company, and two natural persons in a listed company that manufactures and sells luggage, handbags and travel accessories. The funds belong to an investment group with portfolio presence across consumer, industrial, IT, financial services, healthcare and pharma sectors; the investment holding company is a portfolio entity of a separate investor. The transaction was notified as a combination under the Competition Act and a detailed CCI order will follow.