CCI approves Kora Master Fund LP investment of up to 10% ($75 million) in Edelweiss Securities Limited under sub-section (1) of Section 31 of the Act. https://www.taxtmi.com/news?id=22042 Competition approval authorised a foreign portfolio investor to subscribe for shares in securities subsidiaries under a Share Subscription Agreement, permitting a capped minority equity investment in targets that form part of an investment advisory business within the same financial services group, with the acquirer characterised as an investment holding entity and further transactional particulars set out in the published summary of the proposed combination. en-us Thu, 17 Oct 2019 09:33:52 +0530 Thu, 17 Oct 2019 09:33:52 +0530 TaxTMI RSS Generator CCI approves Kora Master Fund LP investment of up to 10% ($75 million) in Edelweiss Securities Limited under sub-section (1) of Section 31 of the Act. https://www.taxtmi.com/news?id=22042 Competition approval authorised a foreign portfolio investor to subscribe for shares in securities subsidiaries under a Share Subscription Agreement, permitting a capped minority equity investment in targets that form part of an investment advisory business within the same financial services group, with the acquirer characterised as an investment holding entity and further transactional particulars set out in the published summary of the proposed combination. News - Thu, 17 Oct 2019 09:33:52 +0530 https://www.taxtmi.com/news?id=22042