<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>CCI approves acquisition of Rivigo Services Private Limited (Rivigo) by Spring Canter Investment Ltd (SCIL) through subscription of compulsorily convertible preference shares</title>
    <link>https://www.taxtmi.com/news?id=23397</link>
    <description>Regulatory approval under the Competition Act was granted for the acquisition of Rivigo by Spring Canter Investment Ltd via subscription to compulsorily convertible preference shares, treating the transaction as an acquisition subject to merger control. The acquirer is a Mauritius-incorporated investment holding company owned by private equity funds managed by Warburg Pincus. Rivigo is described as a technology-enabled logistics platform using a driver-relay model and operating a relay-led trucking and freight marketplace.</description>
    <language>en-us</language>
    <pubDate>Tue, 01 Dec 2020 18:56:32 +0530</pubDate>
    <lastBuildDate>Tue, 01 Dec 2020 18:56:32 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=634712" rel="self" type="application/rss+xml"/>
    <item>
      <title>CCI approves acquisition of Rivigo Services Private Limited (Rivigo) by Spring Canter Investment Ltd (SCIL) through subscription of compulsorily convertible preference shares</title>
      <link>https://www.taxtmi.com/news?id=23397</link>
      <description>Regulatory approval under the Competition Act was granted for the acquisition of Rivigo by Spring Canter Investment Ltd via subscription to compulsorily convertible preference shares, treating the transaction as an acquisition subject to merger control. The acquirer is a Mauritius-incorporated investment holding company owned by private equity funds managed by Warburg Pincus. Rivigo is described as a technology-enabled logistics platform using a driver-relay model and operating a relay-led trucking and freight marketplace.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 01 Dec 2020 18:56:32 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=23397</guid>
    </item>
  </channel>
</rss>