Acquisition by MacRitchie Investments Pte. Ltd. (MacRitchie) in Ascent Health and Wellness Solutions Private Limited (Ascent), API Holdings Private Limited (API) & 91Streets Media Technologies Private Limited (91Streets) has received the approval from the Competition Commission of India (CCI). The acquisition by MacRitchie in three companies will be executed under Section 31(1) of the Competition Act, 2002.
Click Here To Get Test Series For SBI PO 2020
The Proposed Combination is related to the acquisition of certain percentage of compulsorily convertible debentures, compulsorily convertible preference shares or/and common shares of API, Ascent and 91Streets.
About the four companies:
To ease festival rush and ensure better utilization of trains during peak travel months, the…
Thailand and Cambodia have reached a consensus on ceasefire arrangements, pledging to halt all forms…
India’s national highways, which make up just 2% of the country’s road network, have already…
India’s Annu Rani, the reigning Asian Games champion, struck gold in the women’s javelin throw…
The Government of India has reported significant progress in its maternal and child nutrition initiatives.…
Prime Minister Narendra Modi’s monthly radio address ‘Mann Ki Baat’ has earned ₹34.13 crore in…