https://www.taxtmi.com/news?id=27516 CCI approved a proposed combination where two foreign-owned SPVs will acquire roughly 24% of the unitholding in a private Infrastructure Investment Trust and, simultaneously, about 24% of the equity in the trust's investment manager with a director nomination right. The Acquirers are Netherlands-incorporated SPVs of a global toll-road developer; the Private InvIT holds multiple concessioned highway assets through SPVs and operates under Indian trust and SEBI InvIT regulations. A detailed CCI order will follow. en-us Wed, 05 Jun 2024 10:18:45 +0530 Wed, 05 Jun 2024 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27516 CCI approved a proposed combination where two foreign-owned SPVs will acquire roughly 24% of the unitholding in a private Infrastructure Investment Trust and, simultaneously, about 24% of the equity in the trust's investment manager with a director nomination right. The Acquirers are Netherlands-incorporated SPVs of a global toll-road developer; the Private InvIT holds multiple concessioned highway assets through SPVs and operates under Indian trust and SEBI InvIT regulations. A detailed CCI order will follow. News - Wed, 05 Jun 2024 10:18:45 +0530 https://www.taxtmi.com/news?id=27516