India, March 25 -- The Government of India has issued a release:

The Competition Commission of India (CCI) has approved the subscription of certain equity share capital of Aditya Birla Renewables Limited (ABReN/ Target) by GIP EM Star Pte. Ltd. (Acquirer).

The Acquirer is incorporated in Singapore and is owned by certain funds managed by GIM EM Manager LLC. GIM EM Manager LLC is wholly owned by Global Infrastructure Management, LLC (GIM). GIM is an indirectly majority-owned subsidiary of BlackRock, Inc. (BlackRock).

BlackRock is a U.S. publicly traded company active in the provision of global investment management, risk management, and advisory services to institutional and retail clients around the world. BlackRock manages assets on beh...