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CCI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II
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....CI approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, along with a reverse triangular merger of subsidiary of ReNew Global with RMG II <br>Ne....
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....ws and Press Release<br>Dated:- 8-6-2021<br><BR>The Competition Commission of India (CCI) approves exchange of equity shareholding by existing shareholders of ReNew Power with shares of ReNew Global, ....
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....along with a reverse triangular merger of subsidiary of ReNew Global with RMG II. The proposed combination envisages exchange of equity shareholding by existing shareholders of ReNew Power Private Li....
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....mited (ReNew Power) with shares of ReNew Energy Global Limited (ReNew Global), along with a reverse triangular merger of wholly owned subsidiary of ReNew Global with RMG Acquisition Corporation II (RM....
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....G II). ReNew Global is a newly incorporated special purpose acquisition company. It was incorporated for the purpose of effecting a merger, stock purchase or a similar business combination, such as t....
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....he Proposed Combination. RMG II is traded on NASDAQ. ReNew, along with its subsidiaries and joint ventures is engaged in the business of generating electricity through non-conventional and renewable ....
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....energy sources. Detailed order of the CCI will follow.<BR> News - Press release - PIB....