CCI approves acquisition by Tata Digital Limited of up to 64.3% of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS) and SGS’ sole control over Innovative Retail Concepts Private Limited https://www.taxtmi.com/news?id=23990 Clearance was granted for a proposed combination whereby a digital platform subsidiary will acquire majority stake and control of a B2B grocery supplier through primary and secondary share acquisitions, and the supplier may subsequently acquire sole control of a B2C grocery retailer; the parties operate across online B2B and B2C sales and related packaged goods activities for food, grocery, household and personal care products. en-us Thu, 29 Apr 2021 13:11:35 +0530 Thu, 29 Apr 2021 13:11:35 +0530 TaxTMI RSS Generator CCI approves acquisition by Tata Digital Limited of up to 64.3% of the total share capital of Supermarket Grocery Supplies Private Ltd (SGS) and SGS’ sole control over Innovative Retail Concepts Private Limited https://www.taxtmi.com/news?id=23990 Clearance was granted for a proposed combination whereby a digital platform subsidiary will acquire majority stake and control of a B2B grocery supplier through primary and secondary share acquisitions, and the supplier may subsequently acquire sole control of a B2C grocery retailer; the parties operate across online B2B and B2C sales and related packaged goods activities for food, grocery, household and personal care products. News - Thu, 29 Apr 2021 13:11:35 +0530 https://www.taxtmi.com/news?id=23990