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    <title>CCI approves acquisition by Sanoti Properties LLP of shareholding in Magma HDI General Insurance Company Limited</title>
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    <description>Approval by the Competition Commission of India for Sanoti Properties LLP to acquire a majority stake in Magma HDI General Insurance Company Limited through a proposed subscription of equity combined with a simultaneous acquisition of shares from existing shareholders, effecting a change in control of the non life insurer under the statutory merger control framework; a detailed regulatory order will follow.</description>
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