India, Oct. 7 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Prestige Hospitality Ventures Limited by CPP Investment Board Private Holdings (4) Inc.
The Proposed Combination envisages acquisition of certain shareholding in Prestige Hospitality Ventures Limited (Target) by CPP Investment Board Private Holdings (4) Inc. (Acquirer).
The Acquirer is incorporated in Canada and is managed by Canada Pension Plan Investment Board (CPPIB) which is a professional investment management organisation that manages the Canada Pension Plan Fund. In order to build a diversified portfolio of assets, it makes investments around the world in public equities,...