https://www.taxtmi.com/news?id=24128 CCI approves a Proposed Combination comprising two minority acquisitions in Magma HDI: IAF S4 I and DIF acquiring, via SPV-I, an effective combined interest of less than 25% and NHPEA Trisul Holding B.V acquiring an effective combined interest of less than 10%. SPV-I is incorporated under the Indian Companies Act and formed in compliance with IRDAI Guidelines for private equity investment in Indian insurance companies; NHPEA is an investment holding company linked to a fund managed by an affiliate of Morgan Stanley. Magma HDI is a non life insurer in India. en-us Fri, 18 Jun 2021 14:20:16 +0530 Fri, 18 Jun 2021 14:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24128 CCI approves a Proposed Combination comprising two minority acquisitions in Magma HDI: IAF S4 I and DIF acquiring, via SPV-I, an effective combined interest of less than 25% and NHPEA Trisul Holding B.V acquiring an effective combined interest of less than 10%. SPV-I is incorporated under the Indian Companies Act and formed in compliance with IRDAI Guidelines for private equity investment in Indian insurance companies; NHPEA is an investment holding company linked to a fund managed by an affiliate of Morgan Stanley. Magma HDI is a non life insurer in India. News - Fri, 18 Jun 2021 14:20:16 +0530 https://www.taxtmi.com/news?id=24128