Competition Commission of India (CCI) approves the acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation by AMG Green Power B.V. and subscription of certain convertible no
India, March 11 -- The Competition Commission of India has approved the acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation by AMG Green Power B.V. and subscription of certain convertible notes of AM Green (Luxembourg) S.A.R.L by ORIX Corporation.The Proposed Combination envisages the proposed acquisition by AMG Green Power B.V. (AMG Power) of certain shareholding in Greenko Energy Holdings (GEH) from ORIX Corporation (ORIX) and proposed issuance of certain convertible notes by AM Green (Luxembourg) S.A.R.L (AMG Lux) to ORIX.AMG Power is a newly incorporated entity and is currently not engaged in any business activities either in India or outside India. AMG Lux is a holding company and does not have any busine...
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