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    <title>CCI approves acquisition of portfolio management services business of Axis Securities by Axis Asset Management Company</title>
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    <description>The Competition Commission of India has approved an acquisition in which Axis Asset Management Company Limited will acquire the portfolio management services business of Axis Securities Limited in India. The Acquirer manages a mutual fund business, provides portfolio management services, and manages alternative investment funds across Category II and Category III; the Target Business comprises the Transferor&#039;s portfolio management services in India. A detailed order will follow.</description>
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