The Competition Commission of India (CCI) has approved Advent International’s proposal to acquire a 14.3% stake in Aditya Birla Housing Finance. This decision marks a significant capital infusion into the housing finance subsidiary.
In addition to this acquisition, the CCI has also cleared Citrus Investment LLC’s increased shareholding in Hitachi Construction Machinery. Furthermore, Indus Infra Trust’s acquisition of KNR SPVs has also received the regulatory nod.