Tag: CCI

CCI approves acquisition of shares in My Home Industries

The Competition Commission of India (CCI) approves acquisition of shares in My Home Industries Private Limited by My Home Constructions Private Limited and its affiliates. The proposed combination envisages acquisition of 50% of the shareholding of My Home Industries Private Limited (My Home Industries) by My Home Constructions Private Limited (MHCPL), Jupally Real Estate Developers…

CCI approves acquisition by Amazon.com in Future Coupons

The Competition Commission of India (CCI) has approved the acquisition by Amazon.com NV Investment Holdings LLC (“Acquirer”) in Future Coupons (Private) Limited (“FCL/Target”), under Section 31(1) of the Competition Act, 2002. The proposed combination pertains to the acquisition by the Acquirer of approximately 49% of the voting and non-voting equity shares of the Target (“Proposed…

CCI approves acquisition by Mitsubishi-Hitachi Metals Machinery, Inc. in Primetals Technologies

The Competition Commission of India (CCI) approves the acquisition by Mitsubishi-Hitachi Metals Machinery, Inc. (“MHMM/Acquirer”) in Primetals Technologies (“PT/Target”), under Section 31(1) of the Competition Act, 2002. The proposed transaction entails the acquisition of the remaining 49% of the total shareholding in PT by MHI (through MHMM) from Siemens AG (“Proposed Combination”).  PT designs and…