https://www.taxtmi.com/news?id=24856 The Competition Commission approved a foreign investor's acquisition of a minority equity stake in the Indian infrastructure holding company by subscribing to newly issued shares via a preferential issue on a private placement; the transaction is treated as an acquisition subject to merger control. The acquirer is a Singapore SPV within a GIC-managed group; the target is an Indian public company engaged in EPC construction, road O&M and related infrastructure activities. A detailed regulatory order will follow. en-us Tue, 21 Dec 2021 12:33:22 +0530 Tue, 21 Dec 2021 12:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24856 The Competition Commission approved a foreign investor's acquisition of a minority equity stake in the Indian infrastructure holding company by subscribing to newly issued shares via a preferential issue on a private placement; the transaction is treated as an acquisition subject to merger control. The acquirer is a Singapore SPV within a GIC-managed group; the target is an Indian public company engaged in EPC construction, road O&M and related infrastructure activities. A detailed regulatory order will follow. News - Tue, 21 Dec 2021 12:33:22 +0530 https://www.taxtmi.com/news?id=24856