becker
CIBIL
coaching

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

CCI approves acquisition of stake in Ecom by PG Esmeralda

Posted on 12 January 2021

LinkedIn


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 ultimately controlled by Partners Group AG or its affiliates (Partners Group). Partners Group is said to be a global private market investment manager, headquartered in Switzerland. It invests in a variety of companies in sectors such as IT and IT enabled services, healthcare, real estate, consumer products, banking and non-banking financial services.

Ecom is a company incorporated in India. It carries on the business of providing third party logistics (3PL) services in India.

Detailed order of the CCI will follow.

Tags :


Views 129
Category Miscellaneous

Report Abuse

LinkedIn


Bajaj Finserv




Trending Tags
X

Do you have any Queries

Submit