India, Jan. 28 -- The Competition Commission of India (CCI) has approved proposed acquisition of certain unit holding in National Highways Infra Trust by Nitro Asia Holdings II Pte. Ltd.
The proposed combination envisages the acquisition of certain unitholding of the Target by the Acquirer through on-market transactions on a registered stock exchange.
Nitro Asia Holdings II Pte. Ltd.is a special purpose vehicle incorporated in Singapore whose principal business activities include holding ownership of equity and non- equity assets, including shares, debentures, bonds, and other forms of security, real property and other tangible and intangible assets.
National Highways Infra Trustis an infrastructure investment trust registered with the S...