CCI approves the acquisition of shareholding in GMR Airports Limited (“GAL”) by TRIL Urban Transport Private Limited (“TUTPL”), Valkyrie Investment Pte. Ltd. (“Valkyrie”) and Solis Capital (Singapore) Pte. Limited (“Solis”) under Section 31(1) of the Competition Act, 2002 https://www.taxtmi.com/news?id=22009 The Commission authorised the proposed combination for acquisition of a majority equity interest in GMR Airports Limited by a domestic infrastructure subsidiary together with two SEBI registered foreign venture capital investors, subject to the acquiring parties implementing specified modifications proposed under the Commission's procedural regulations; GMR Airports Limited is an RBI registered investment holding company operating airports through subsidiaries. en-us Tue, 01 Oct 2019 17:57:34 +0530 Tue, 01 Oct 2019 17:57:34 +0530 TaxTMI RSS Generator CCI approves the acquisition of shareholding in GMR Airports Limited (“GAL”) by TRIL Urban Transport Private Limited (“TUTPL”), Valkyrie Investment Pte. Ltd. (“Valkyrie”) and Solis Capital (Singapore) Pte. Limited (“Solis”) under Section 31(1) of the Competition Act, 2002 https://www.taxtmi.com/news?id=22009 The Commission authorised the proposed combination for acquisition of a majority equity interest in GMR Airports Limited by a domestic infrastructure subsidiary together with two SEBI registered foreign venture capital investors, subject to the acquiring parties implementing specified modifications proposed under the Commission's procedural regulations; GMR Airports Limited is an RBI registered investment holding company operating airports through subsidiaries. News - Tue, 01 Oct 2019 17:57:34 +0530 https://www.taxtmi.com/news?id=22009