CCI approves the proposed acquisition of up to 80.15% shareholding of Aadhar Housing Finance Ltd. by BCP Asia II Holdco VII Pte. Ltd.
India, Nov. 7 -- The Competition Commission of India has approved the proposed acquisition of up to 80.15% shareholding of Aadhar Housing Finance Ltd. by BCP Asia II Holdco VII Pte. Ltd.The proposed combination involves the acquisition of up to 80.15% shareholding in Aadhar Housing Finance Limited (Target/AHFL) by BCP Asia II Holdco VII Pte. Ltd. (Acquirer /BCP Asia) by way of a secondary acquisition and an open offer to the public shareholders of the Target (Proposed Combination).The Acquirer is controlled by funds advised and/or managed by affiliates of Blackstone Inc. It is not engaged in providing any products/services and/or performing the business of investment holding in India or worldwide since its incorporation.The Target is engage...
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