India, March 11 -- The Government of India has issued a release:
The Competition Commission of India (CCI) has approved the proposed acquisition by Cube V of the road asset business (es) of DYIPL, DVIPL, DGIPL and DTEHPL.
The proposed combination entails the indirect purchase by Cube Highways and Infrastructure V Pte. Ltd. (Cube V) and Others of the Dinesh Chandra Yamuna Infra Pvt. Ltd. (DYIPL) Business (from DYIPL), Dinesh Chandra Vaishnodevi Infra Pvt. Ltd (DVIPL) Business (from DVIPL), Dinesh Chandra Giriraj Infra Pvt. Ltd (DGIPL) Business (from DGIPL) and Dineshchandra Trans-Eastern Highways Pvt. Ltd. (DTEHPL) Business (from DTEHPL).
Cube V is registered as a foreign portfolio investor with Securities and Exchange Board of India (SEB...