https://www.taxtmi.com/news?id=27897 The Competition Commission of India approved a proposed minority acquisition by Naspers Ventures B.V., an indirect wholly owned subsidiary of Prosus N.V., in Vastu Housing Finance Corporation Limited. The acquirer is an investment holding company providing equity and debt funding. The target offers home loans, extension and construction loans, loans against property, and micro/MSME lending; its subsidiary provides vehicle and equipment financing. The transaction contemplates a minority shareholding on a fully diluted basis and a detailed CCI order will follow. en-us Wed, 18 Sep 2024 09:42:34 +0530 Wed, 18 Sep 2024 09:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27897 The Competition Commission of India approved a proposed minority acquisition by Naspers Ventures B.V., an indirect wholly owned subsidiary of Prosus N.V., in Vastu Housing Finance Corporation Limited. The acquirer is an investment holding company providing equity and debt funding. The target offers home loans, extension and construction loans, loans against property, and micro/MSME lending; its subsidiary provides vehicle and equipment financing. The transaction contemplates a minority shareholding on a fully diluted basis and a detailed CCI order will follow. News - Wed, 18 Sep 2024 09:42:34 +0530 https://www.taxtmi.com/news?id=27897