India, March 17 -- The Government of India issued the following news release:
The Competition Commission of India has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited by BC Asia Investments XV Limited and BC Asia Investments XVI Limited.
The proposed combination envisages acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV Limited and BC Asia Investments XVI Limited. Certain inter-connected transaction is also envisaged.
BC Asia Investments XV Limited and BC Asia Investments XVI Limited are indirectly owned and controlled by funds managed and/or advised by Bain Capital Partners LLC (Bain Capital). Bain Capital is a private equity investment firm that in...