CCI approves acquisition of shares in SBI General Insurance by Honey Wheat

CCI approves acquisition of shares in SBI General Insurance by Honey Wheat https://www.taxtmi.com/news?id=22282 The Competition Commission of India approved Honey Wheat Investment Limited's acquisition of a minority equity stake in SBI General Insurance, treating it as a notifiable combination under the merger control regime. The notification identifies Honey Wheat as an investor within a global investment group and SBI General Insurance as a provider of diverse general insurance products in India. A detailed CCI order setting out any conditions or further findings will follow. en-us Fri, 13 Dec 2019 18:08:11 +0530 Fri, 13 Dec 2019 18:08:11 +0530 TaxTMI RSS Generator CCI approves acquisition of shares in SBI General Insurance by Honey Wheat https://www.taxtmi.com/news?id=22282 The Competition Commission of India approved Honey Wheat Investment Limited's acquisition of a minority equity stake in SBI General Insurance, treating it as a notifiable combination under the merger control regime. The notification identifies Honey Wheat as an investor within a global investment group and SBI General Insurance as a provider of diverse general insurance products in India. A detailed CCI order setting out any conditions or further findings will follow. News - Fri, 13 Dec 2019 18:08:11 +0530 https://www.taxtmi.com/news?id=22282