India, Sept. 1 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved acquisition of up to 100% equity shareholding of Apollo Fertility Centre Pvt. Ltd (AFCPL) and Apollo Specialty Hospitals Pvt. Ltd. (ASHPL) by Kids Clinic India Ltd. (KCIL) and related transactions.
The proposed combination involves:
(The aforementioned steps are collectively referred to as the 'Proposed Combination').
KCIL is a public limited company operating chains of super-specialty hospitals under the brand 'Cloudnine', focused on mother and baby care, and operates across the verticals of maternity, gynaecology, paediatrics, and fertility. It currently operates centres across multiple cities in India, including Beng...