Categories: Business

CCI approves acquisition by Aceso Company Pte. Ltd. in HCG

The Competition Commission of India (CCI) has approved acquisition by Aceso Company Pte. Ltd. (Aceso) in HealthCare Global Enterprises Limited (HCG). CCI has approved acquisition under Section 31(1) of the Competition Act, 2002.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

Aceso Company Pte. Ltd. (Aceso) is an entity which forms part of the CVC Network. The CVC Network consists of three entities which are privately owned and offers investment advice to and / or managing investments on behalf of certain investment funds as well as platforms. HealthCare Global Enterprises Limited (HCG) is engaged in the business of offering services via cancer treatment clinics, multi-specialty hospitals, and fertility treatment centres.

Important takeaways for all competitive exams:

  • Chairperson of Competition Commission of India: Ashok Kumar Gupta.

Find More Business News Here

Recent Posts

Which Country is Known as the Land of Festivals?

India is often called the Land of Festivals because it celebrates countless festivals throughout the…

40 mins ago

Simone Tata: The Visionary Behind Lakmé and Westside Passes Away at 95

Simone Tata, a transformative figure in India’s business landscape and the step-mother of Ratan Tata,…

2 hours ago

When was IndiGo Airlines Founded and Who Founded It?

IndiGo Airlines is one of India’s most popular and trusted airlines. It is known for…

3 hours ago

Which Country is Known as Deutschland?

Many countries have different names in different languages. One such country is Germany, which is…

3 hours ago

Which River is Known as the Lifeline of Northeast India?

Northeast India is a region full of beautiful landscapes, green forests and rich culture. A…

3 hours ago

Which is the Largest Railway Station of Jharkhand? Know About It

Jharkhand, a state in eastern India, has a well-developed railway network that connects it to…

3 hours ago