New Delhi, June 17 -- The Competition Commission of India (CCI) has approved the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Limited by Delhivery Limited, an official statement said.

The Proposed Combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Limited (Ecom) by Delhivery Limited (Delhivery).

Delhivery is a publicly listed Indian company. It is an integrated logistics player and provides a full range of logistics services, including express parcel delivery, heavy goods delivery, full truckload freight, part-truckload freight, warehousing and supply chain serv...