CCI approves the acquisition of shareholding in ANI Technologies Private Limited (ANI) and Ola Electric Mobility Private Limited (OEM) by Hyundai Motor Company (HMC) and Kia Motors Corporation (KMC), under Section 31(1) of the Competition Act, 2002 https://www.taxtmi.com/news?id=22074 Approval was granted for Hyundai Motor Company and Kia Motors Corporation to acquire equity stakes in ANI Technologies and Ola Electric Mobility, subject to conditional approval requiring the parties to implement modifications proposed under the procedural regulation for combinations, with a detailed Commission order to follow specifying the conditions and compliance obligations. en-us Thu, 31 Oct 2019 09:40:54 +0530 Thu, 31 Oct 2019 09:40:54 +0530 TaxTMI RSS Generator CCI approves the acquisition of shareholding in ANI Technologies Private Limited (ANI) and Ola Electric Mobility Private Limited (OEM) by Hyundai Motor Company (HMC) and Kia Motors Corporation (KMC), under Section 31(1) of the Competition Act, 2002 https://www.taxtmi.com/news?id=22074 Approval was granted for Hyundai Motor Company and Kia Motors Corporation to acquire equity stakes in ANI Technologies and Ola Electric Mobility, subject to conditional approval requiring the parties to implement modifications proposed under the procedural regulation for combinations, with a detailed Commission order to follow specifying the conditions and compliance obligations. News - Thu, 31 Oct 2019 09:40:54 +0530 https://www.taxtmi.com/news?id=22074