The Competition Commission of India (CCI) has approved acquisition of certain equity stake in Apollo Health and Lifestyle Limited (Target) by Apollo Hospitals Enterprise Limited (Acquirer). The Proposed Combination involves the acquisition by the Acquirer of an additional 30.58% shareholding in the Target. As on date, the Acquirer already holds 68.84% shareholding in the Target, which will increase to 99.42% ...

The CCI has approved proposed combination between Bhushan Power and Steel Limited (BPSL), JSW Sambalpur Steel Limited (JSW Sambalpur), JFE Steel Corporation (JFE) and JSW Kalinga Steel Ltd. (JSW Kalinga). The proposed combination pertains to the (a) transfer of BPSL’s steel business undertaking (Target Business) to JSW Sambalpur by way of slump sale; and (b) the acquisition by JFE of ...