https://www.taxtmi.com/news?id=25177 The Competition Commission of India approved the acquisition of the entire equity share capital of L&T Investment Management Limited by HSBC Asset Management (India) Private Limited, a transaction notified under Section 5(a) of the Competition Act, 2002 as an acquisition of share capital. HSBC AMC is the asset manager for HSBC Mutual Fund schemes and is an indirect wholly owned subsidiary of the HSBC group; L&T Investment Management is the asset manager for L&T Mutual Fund schemes and a wholly owned subsidiary of its sponsor. A detailed CCI order will follow. en-us Thu, 10 Mar 2022 12:36:46 +0530 Thu, 10 Mar 2022 12:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25177 The Competition Commission of India approved the acquisition of the entire equity share capital of L&T Investment Management Limited by HSBC Asset Management (India) Private Limited, a transaction notified under Section 5(a) of the Competition Act, 2002 as an acquisition of share capital. HSBC AMC is the asset manager for HSBC Mutual Fund schemes and is an indirect wholly owned subsidiary of the HSBC group; L&T Investment Management is the asset manager for L&T Mutual Fund schemes and a wholly owned subsidiary of its sponsor. A detailed CCI order will follow. News - Thu, 10 Mar 2022 12:36:46 +0530 https://www.taxtmi.com/news?id=25177