India, May 20 -- The Competition Commission of India (CCI) has approved the acquisition of a certain stake of Restaurant Brands Asia Limited (Target) by Lenexis Foodworks Private Limited (LFPL), Aayush Agrawal Trust (AAT), Inspira Foodworks Private Limited (IFPL), Aayush Madhusudan Agrawal (AMA), and Inspira Agro Trading LLC (IATL).The Proposed Combination involves the acquisition of a certain stake of the Target by LFPL, AAT, IFPL, AMA, and IATL, through various steps involving equity subscriptions, warrant subscriptions, equity purchases, and an open offer.LFPL is engaged in the quick service restaurant (QSR) business and operates restaurants pan India under the brands 'Chinese WOK', 'The Momo Co', and 'Big Bowl Co'.AAT is a discretionary...