India, May 20 -- The Government of India issued the following news release:
The Competition Commission of India has approved the proposed combination involving acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE.
360 ONE WAM Limited (360 ONE/ Acquirer) (including its group entities) is a wealth and asset management firm in India.
Batlivala & Karani Securities Private Limited (Target 1) is, inter alia, engaged in the business of equity broking, distribution of financial products, investment banking and research analysis.
Batlivala & Karani Finserv Private Limited (Target 2) is engaged in the business of distribution of financial products.
The proposed combination relates...