CCI approves additional shareholding acquisition in Baby Memorial Hospital (BMH) by Bentley Asia; and BMH's subsequent acquisition of certain shareholding in Unimed Health Care via secondary purchase
India, March 19 -- 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 limited by shares incorporated under the laws of Si...
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