India, March 11 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the acquisition of a certain stake in Curefit Healthcare Private Limited (Target) by MacRitchie Investments Pte. Ltd. (Acquirer).
The Proposed Combination relates to the additional acquisition of a certain stake by the Acquirer in the Target, in order to supplement the Target's capital requirements in the fitness sector
The Acquirer is an investment company and does not engage in any business operation other than holding investments. It is an indirect wholly owned subsidiary of Temasek Holdings (Private) Limited (Temasek). Temasek's portfolio companies cover a broad spectrum of industries: Transportation; Financial Serv...