India, Dec. 16 -- The Competition Commission of India has approved the acquisition of certain equity stake in Logisteed Holdings, Ltd. (Target) by Japan Post Co., Ltd. (Acquirer).The Proposed Combination involves the acquisition of a 19.9% equity stake with 14.9% voting rights in the Target by the Acquirer from HTSK Investment L.P.The Acquirer is a Japanese company, and is globally engaged in postal operations, sales of documentary stamps, logistics business, real estate business, international cargo transport, bank and insurance agency services, etc.The Target is a special-purpose investment holding company incorporated in Japan. The Target, through its affiliates, is globally engaged in the business of, inter alia, third-party logistics/c...