CCI Greenlights Minda Corporation’s Acquisition of Stake in Pricol Limited

New Delhi: In a significant development, the Competition Commission of India (CCI) has granted approval for the acquisition of up to 8.79% (approximately) of the equity share capital of Pricol Limited (Pricol) by Minda Corporation Limited (Minda). The proposed combination revolves around Minda Corporation Limited acquiring a substantial stake of up to 8.79% in Pricol…

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CCI Greenlights Zurich Insurance’s Acquisition of 70% Stake in Kotak Mahindra General Insurance

New Delhi: The Competition Commission of India (CCI) has granted approval for the acquisition of a 70% stake in Kotak Mahindra General Insurance Company Limited by Zurich Insurance Company Ltd. The proposed deal involves Zurich Insurance Company Ltd. acquiring a majority stake in Kotak Mahindra General Insurance Company Limited from Kotak Mahindra Bank Limited. As…

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