India’s CCI OKs Adani Green Energy Deal 

The Competition Commission of India (CCI) on Monday, January 11, stated it has approved acquisition of share capital in Adani Green Energy by a subsidiary of Total SE.

“Commission approves acquisition by Total SE through its subsidiary Total Renewables SAS in share capital of Adani Green Energy Limited,” the regulator wrote in a tweet.

In a separate tweet, CCI gave nod to acquisition of 100% equity interest and joint control in Virtusa Corporation by Baring and other investors.

The transaction involves acquisition of 100% equity interest and joint control in Virtusa by an entity wholly-owned by funds affiliated with Baring Private Equity Asia, Austin HoldCo, and co-investors Atago Investment (GIC Investor) and CPP Investment Board Private Holdings (CPPIB).

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