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    <title>CCI approves acquisition of stake in IDFC Asset Management Company Limited and IDFC AMC Trustee Company Limited by Bandhan Financial Holdings Limited, ChrysCapital and GIC</title>
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    <description>The Competition Commission of India approved a combination under which Bandhan Financial Holdings, Lathe (GIC linked) and ChrysCapital entities will acquire 99.96% of IDFC Asset Management Company Limited and 100% of IDFC AMC Trustee Company Limited, effecting a change of control of the asset management, portfolio management and AIF investment management activities related to IDFC Mutual Fund; the parties&#039; group relationships and roles are identified and a detailed CCI order will follow.</description>
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