CCI approves acquisition of approximately 7.49% shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by the Caladium Investment Pte. Ltd (GIC Investor) by way of preferential issuance of equity and warrants

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....CI approves acquisition of approximately 7.49% shareholding in Aditya Birla Fashion and Retail Limited on a fully diluted basis by the Caladium Investment Pte. Ltd (GIC Investor) by way of preferential issuance of equity and warrants <br>News and Press Release<br>Dated:- 31-8-2022<br><BR>The Competition Commission of India (CCI) approves the acquisition of approximately 7.49% shareholding in Adity....

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....a Birla Fashion and Retail Limited on a fully diluted basis by the Caladium Investment Pte. Ltd(GIC Investor) by way of preferential issuance of equity and warrants (Proposed Combination). Caladium Investment Pte. Ltd. (Acquirer/GIC Investor) is wholly-owned by Lathe Investment Private Limited, an entity which is in turn wholly-owned by GIC (Ventures) Private Limited (GIC Ventures). The GIC Inves....

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....tor is a special purpose vehicle organized as a private limited company in Singapore that is part of a group of investment holding companies managed by GIC Special Investments Private Limited (GICSI). Aditya Birla Fashion and Retail Limited (Target/ABFRL) is a publicly listed company which along with its subsidiaries is engaged in the manufacture and retailing of branded apparel, footwear and acc....

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....essories (AFA) and operates across India through its retail stores, as well as distribution through its exclusive brand outlets and Pantaloons stores, multi-brand outlets, shop-in-shop stores across departmental stores, own online retail platforms and third-party e-commerce marketplaces. Detailed order of the CCI will follow.<BR> News - Press release - PIB....