CCI approves acquisition of stake in Ecom by PG Esmeralda

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....CI approves acquisition of stake in Ecom by PG Esmeralda <br>News and Press Release<br>Dated:- 12-1-2021<br><BR>The Competition Commission of India (CCI) approves acquisition of stake in Ecom by PG Es....

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....meralda. The proposed combination envisages acquisition of stake in Ecom Express Private Limited (Ecom) by PG Esmeralda Pte. Limited (PG Esmeralda). PG Esmeralda is controlled by investment entities....

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.... that are ultimately controlled by Partners Group AG or its affiliates (Partners Group). Partners Group is said to be a global private market investment manager, headquartered in Switzerland. It inves....

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....ts in a variety of companies in sectors such as IT and IT enabled services, healthcare, real estate, consumer products, banking and non-banking financial services. Ecom is a company incorporated in I....

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....ndia. It carries on the business of providing third party logistics (3PL) services in India. Detailed order of the CCI will follow.<BR> News - Press release - PIB....