Quick Summary
The Competition Commission of India (CCI)approves acquisition of stake in Ecom by PG Esmeralda. The proposed combination envisages acquisition of stake in Ecom Express Private Limited (Ecom) by PG Esmeralda Pte. Limited (PG Esmeralda). PG Esmeralda is controlled by investment entities that are
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FAQ :
The CCI has approved the acquisition of a stake in Ecom Express Private Limited by PG Esmeralda Pte. Limited.
PG Esmeralda is controlled by investment entities ultimately managed by Partners Group AG or its affiliates, a global private market investment manager.
Ecom Express Private Limited operates in India, providing third-party logistics (3PL) services.
Partners Group is headquartered in Switzerland.
Partners Group invests in various sectors including IT and IT enabled services, healthcare, real estate, consumer products, banking, and non-banking financial services.
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