India, May 13 -- The Government of India issued the following news release:
The Competition Commission of India has approved acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group.
The Proposed Combination comprises of direct and indirect acquisition by the Knowledge Realty Trust, acting through its manager, Knowledge Realty Office Management Services Private Limited (formerly known as Trinity Office Management Services Private Limited) (Acquirer REIT) of certain entities, some of which inter-alia belong to the Blackstone Group, some belonging to the Sattva Group and remaining held jointly controlled by Blackstone and Sattva Group (Target Entities). In lieu of such acquisition, the ...