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    <title>CCI approves proposed combination involving acquisition in Manappuram Finance Limited and Manappuram Asset Finance Limited by Bain Capital</title>
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    <description>The Competition Commission approved a proposed combination under which Bain Capital-controlled investment vehicles will acquire equity in MFL via private placement and convertible warrants, trigger and conduct a mandatory open offer under applicable takeover regulations for a portion of MFL&#039;s expanded voting capital, and implement a downstream acquisition of MAFL by MFL; a detailed order will follow.</description>
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      <description>The Competition Commission approved a proposed combination under which Bain Capital-controlled investment vehicles will acquire equity in MFL via private placement and convertible warrants, trigger and conduct a mandatory open offer under applicable takeover regulations for a portion of MFL&#039;s expanded voting capital, and implement a downstream acquisition of MAFL by MFL; a detailed order will follow.</description>
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