India, May 20 -- The Government of India issued the following news release:

The Competition Commission of India has approved the acquisition of majority stake/control over Nazara Technologies Limited by Axana Estates LLP, Plutus Wealth Management LLP and Junomoneta Finsol Private Limited.

The proposed combination relates to the acquisition of a majority stake/control over Nazara Technologies Limited (Nazara) by Axana Estates LLP (Axana), Plutus Wealth Management LLP (Plutus) and Junomoneta Finsol Private Limited (JFPL).

Axana is an LLP incorporated in India. Axana currently does not undertake any business activities or holds any investments and its proposed business involves real estate and related activities and business of investing, a...