CCI approves the proposed combination involving inter-connected steps resulting in inter alia the acquisition of up to 68.9% shareholding in Roop Automotives Limited by CA Carob Investments (Investor)

CCI approves the proposed combination involving inter-connected steps resulting in inter alia the acquisition of up to 68.9% shareholding in Roop Automotives Limited by CA Carob Investments (Investor) https://www.taxtmi.com/news?id=29717 The Competitition Commission of India approved a proposed combination effected through inter connected steps including a securities swap between a HIL shareholder and Roop Automotives Limited and the acquisition by CA Carob Investments of up to 68.9% shareholding in Roop Automotives Limited. The Investor is a Mauritius special purpose vehicle controlled by Carlyle affiliates; RAL and HIL are Indian public companies engaged in manufacturing and selling auto components. A detailed order will follow. en-us Wed, 08 Jan 2025 09:47:29 +0530 Wed, 08 Jan 2025 09:47:29 +0530 TaxTMI RSS Generator CCI approves the proposed combination involving inter-connected steps resulting in inter alia the acquisition of up to 68.9% shareholding in Roop Automotives Limited by CA Carob Investments (Investor) https://www.taxtmi.com/news?id=29717 The Competitition Commission of India approved a proposed combination effected through inter connected steps including a securities swap between a HIL shareholder and Roop Automotives Limited and the acquisition by CA Carob Investments of up to 68.9% shareholding in Roop Automotives Limited. The Investor is a Mauritius special purpose vehicle controlled by Carlyle affiliates; RAL and HIL are Indian public companies engaged in manufacturing and selling auto components. A detailed order will follow. News - Wed, 08 Jan 2025 09:47:29 +0530 https://www.taxtmi.com/news?id=29717