Last year in October, Emerson announced that it will sell a majority stake in its climate technologies business to Blackstone The Competition Commission of India (CCI) on Friday said it has granted its approval for the stake acquisition in climate technologies’ business of Emerson Electric Co by BCP Emerald Aggregator LP. BCP Emerald Aggregator LP […]
CCI gives nod to KKR purchasing stake in Hero Future Energies Global – EQ Mag
The purchase of stakes concerning Hero Future Energies Global is approved by the competition commission of India or CCI on Thursday for Ardor Holdings II Pte. Ardor Holdings II Pte is a special vehicle for investment at the firm KKR and Co inc. in other words, Ardor Holdings II Pte is a vehicle that is […]
CCI approves Greenforest New Energies’ stake buy in Tata Power Renewable – EQ Mag Pro
New Delhi : The Competition Commission has approved the purchase of stake in Tata Power Renewable Energy Ltd (TPREL) by Greenforest New Energies Bidco. The proposed combination relates to the acquisition of up to 11.43 per cent stake in TPREL by Greenforest New Energies Bidco, an investment vehicle jointly run by BlackRock and Mubadala Investment […]
CCI approves British oil major Shell’s acquisition of energy firm Solenergi Power – EQ Mag Pro
Competition Commission of India (CCI) has cleared the British oil and gas major Shell-Solenergi Power deal The Competition Commission of India (CCI) on July 12, 2022 approved British oil and gas major Shell’s proposed acquisition of renewable energy firm Solenergi Power. While the deal was announced in April this year, the CCI said it has […]
Competition Comm clears Shell-Solenergi Power deal – EQ Mag Pro
New Delhi : Competition Commission of India (CCI) has approved British oil and gas major Shell’s proposed acquisition of renewable energy firm Solenergi Power. The deal was announced in April this year. In a tweet on Monday, CCI said it has cleared the “acquisition of 100 per cent shareholding and sole control of Solenergi Power […]
CCI approves acquisition of 96.42% equity shareholding in Jindal Power Limited by World one Private Limited – EQ Mag Pro
The Competition Commission of India (CCI) approves acquisition of 96.42% equity shareholding in Jindal Power Limited by Worldone Private Limited. Worldone Private Limited (Worldone) is an investment holding company which has investments in various listed and unlisted companies. Jindal Power Limited (JPL) is primarily engaged in the business of generating thermal power by using coal […]
CCI approves Reliance arm’s acquisition of stake in Sterling and Wilson Renewable Energy – EQ Mag Pro
The Competition Commission of India (CCI) on Wednesday approved the acquisition of shareholding in Sterling and Wilson Renewable Energy Ltd by Reliance New Energy Solar Ltd. According to a combination notice filed with the regulator, Reliance New Energy is seeking to acquire 40 per cent of the total voting equity share capital. However, acquisition can […]
CCI Approves Minority Stake-Buy in Azure Power Global By OMERS Infrastructure Asia Holdings
New Delhi: The Competition Commission of India (CCI) on Friday approved acquisition of certain shareholding in Azure Power Global Ltd from its existing shareholders by OMERS Infrastructure Asia Holdings Pte Ltd, under the green channel route. Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI […]
CCI Approves Adani Green’s Acquisition of Entire Stake in SB Energy
Fair trade regulator CCI on Wednesday approved acquisition of entire shareholding in SB Energy by Adani Green Energy Ltd. New Delhi : Fair trade regulator CCI on Wednesday approved acquisition of entire shareholding in SB Energy by Adani Green Energy Ltd. In May, Adani Green Energy had said it has inked share purchase agreements with […]
CCI Gives Nod to ReNew Power Merger With RMG II
NEW DELHI: The proposed merger of ReNew Power with blank-check company RMG Acquisition Corporation II (RMG II) has received clearance from the Competition Commission. A blank-check company is a developmental stage firm that does not have established business plan. An official release on Tuesday said the Competition Commission of India (CCI) has approved exchange of […]