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CCI approves acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.’s from Actis Solenergi Limited

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....CI approves acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.’s from Actis Solenergi Limited <br>News and Press Release<br>Dated:- 12-7-2022<br><BR>The Competition Co....

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....mmission of India (CCI approves acquisition of Solenergi Power Private Limited (Target) by Shell Overseas Investments B.V.'s (Acquirer) from Actis Solenergi Limited under Section 31(1) of the Competit....

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....ion Act, 2002, yesterday. The proposed combination pertains to acquisition of 100% shareholding and sole control of the Target by the Acquirer. Acquirer is a company incorporated in the Netherlands ....

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....and is a part of the Shell group. It is a holding company. Shell Plc is the ultimate holding company and directly and indirectly owns investments in various companies (Shell Group). Shell Plc's shares....

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.... are listed on the London Stock Exchange, Euronext Amsterdam and the New York Stock Exchange. The Shell Group is a global group of energy and petrochemical companies with 83,000 employees in more than....

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.... 70 countries. Target is an investment company incorporated in Mauritius, belonging to the Actis group. It currently has investments in the renewable energy sector in India. Detailed order of the CC....

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....I will follow.<BR> News - Press release - PIB....