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CCI approves acquisition of shareholding of Tower Vision India Private Limited by Ascend Telecom Infrastructure Private Limited and GIP EM Ascend 2 Pte. Ltd.
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....CI approves acquisition of shareholding of Tower Vision India Private Limited by Ascend Telecom Infrastructure Private Limited and GIP EM Ascend 2 Pte. Ltd. <br>News and Press Release<br>Dated:- 4-5-2....
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....023<br><BR>The Competition Commission of India (CCI) approves the acquisition of shareholding of Tower Vision India Private Limited by Ascend Telecom Infrastructure Private Limited and GIP EM Ascend 2....
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.... Pte. Ltd. The proposed combination pertains to acquisition Ascend Telecom Infrastructure Private Limited (Ascend) and GIP EM Ascend 2 Pte. Ltd. (GIP EM) (collectively, Acquirers) of 100 percent of t....
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....he shareholding of Tower Vision India Private Limited (Target) (Proposed Combination). Acquirers The Acquirers are entirely owned by funds/investment vehicles managed by entities that are ultimately....
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.... controlled by Global Infrastructure Management LLC (GIM LLC). Ascend is engaged in providing passive telecommunication infrastructure services through towers in India while GIP EM is presently not en....
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....gaged in any business operations. Target The Target is controlled by Tower Vision Mauritius Limited and is engaged in the provision of passive telecommunication infrastructure services through tower....
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....s in India. Detailed order of the CCI will follow.<BR> News - Press release - PIB....