India, Oct. 14 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in Kids Clinic India Limited by NuageLux BidCo S.a r.l.
The proposed combination entails the acquisition of approximately 23% of the shareholding (on a fully diluted basis) in Kids Clinic India Limited (KCIL/Target) by NuageLux BidCo S.a r.l (Acquirer).
The Acquirer is a private limited company newly incorporated under the laws of Luxembourg. The Acquirer is a special purpose vehicle with no operations or presence in India or globally and is ultimately controlled by Permira Holdings Limited (Permira).
Permira is a Guernsey registered private equity business engaged, through its su...