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CCI Grants Approval for Key Mergers and Acquisitions on March 4, 2025.

National | Dated: 07 Mar 2025

On March 4, 2025, the Competition Commission of India (CCI) approved multiple acquisition proposals across various industries.TPG Scion Singapore Private Limited, based in Singapore, acquired a stake in Schott Poonawalla Private Limited (SPPL), a Pune (Maharashtra)-based company, through a secondary purchase from Serum Institute of India (SII) Private Limited.

🎯 Key Highlights:

  • - Adani Infra (India) Limited (AIIL), a subsidiary of Adani Enterprises Limited, acquired a 30.07% equity stake in PSP Projects Limited, an Ahmedabad (Gujarat)-based firm, for Rs. 685.36 crore.
  • - Ambuja Cements Limited (ACL), headquartered in Mumbai (Maharashtra), acquired up to a 72.8% stake in Orient Cement Limited (OCL), a company based in New Delhi (Delhi).
  • - Shell Deutschland GmbH, a subsidiary of Shell Plc, a global energy company based in the Netherlands, acquired 100% ownership of Raj Petro Specialities Private Limited, located in Mumbai (Maharashtra), through Shell Overseas Investments B.V..

💡 Other Important Facts:

  • (i) Roquette Frères S.A, a France-based company, acquired the Pharma Solutions and specific product lines from the Nourish segment of International Flavors & Fragrances Inc. (IFF), a USA-based company.
  • (ii) Alpha Wave Ventures II, LP, based in Florida (USA), acquired a 12.44% stake in Advanta Enterprises Limited, a company headquartered in Mumbai (Maharashtra).
  • (iii) JSW Energy Limited (JSWEL), a Mumbai (Maharashtra)-based company, acquired 100% shareholding in KSK Mahanadi Power Company Limited, based in Hyderabad (Telangana), for nearly Rs. 16,000 crore.

📚 Test Your Knowledge:

Which Indian authority recently approved the acquisition of Orient Cement Limited (OCL) by Ambuja Cements Limited?

Correct Answer: CCI

🚀 Quick Recap:

About Competition Commission of India (CCI)

  • Chairperson: Ravneet Kaur
  • Headquarters : New Delhi