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    <title>CCI approves acquisition of 89.6% of equity shareholding of Gangavaram Port Limited by Adani Ports and Special Economic Zones Limited</title>
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    <description>Approval under Section 31(1) of the Competition Act, 2002 was granted for a proposed combination in which Adani Ports and Special Economic Zones Limited will acquire a majority shareholding in Gangavaram Port Limited. The acquirer is an integrated port infrastructure services provider operating across multiple domestic ports and managing end to end logistics; the target operates a deep water port under a Build Own Operate Transfer concession with an initial concession period and entitlement to extensions. A detailed order will follow.</description>
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