India, Feb. 12 -- The Government of India has issued a release:
The Competition Commission of India has approved the proposed combination involving Amundi Asset Management S.A.S. (Acquirer) and ICG Plc (Target).
The Proposed Combination involves, inter alia, acquisition by the Acquirer of 4.64% of the voting share capital of the Target through on-market purchase, along with a right to nominate a director to the board of the Target, and subsequent subscription by the Acquirer to non-voting instruments representing up to 5.26% of the Target's capital.
The Acquirer is a French joint-stock asset management company, which offers its retail, institutional, and corporate clients a complete range of savings and investment solutions in active and...