India, March 18 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved acquisition of (i) certain additional shareholding in Baby Memorial Hospital Limited (BMH) by Bentley Asia Holdings II Pte. Ltd. (Bentley); and (ii) the subsequent acquisition by BMH of certain shareholding in Unimed Health Care Private Limited (Unimed) by way of a secondary purchase.
The Proposed Combination is envisaged as - (a) acquisition of certain additional shareholding in BMH by Bentley; and (b) the subsequent acquisition by BMH of certain shareholding in Unimed by way of a secondary purchase (BMH Acquisition and Unimed Acquisition are collectively referred as Proposed Combination).
Bentley is a private company ...