India, Aug. 25 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the acquisition of 100% share capital of Tao Digital Solutions Inc. by Cyient Limited.
The Proposed Combination en-visages the acquisition of 100% of the share capital from the existing shareholders of Tao Digital Solutions Inc. (Target), by Cyient Limited (Acquirer).
The Acquirer is a public limited company incorporated in India, engaged in providing engineering and technology services specializing in aerospace and defense, automotive, rail transportation, healthcare and life sciences, semiconductors, energy, industrial manufacturing, utilities, communications, and spatial intelligence.
Target is engaged in the provisi...