Competition Commission of India (CCI) approves the acquisition of 100% equity shareholding in 11 road special purpose vehicles owned by Ashoka Concessions Limited and Ashoka Buildcon Limited by Epic Concesiones 2 Private Limited

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Date: 25th Mar, 2025 Source: N/A Country: N/A Original Source

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On 25/03/2025, the Competition Commission of India issued an update regarding "Competition Commission of India (CCI) approves the acquisition of 100% equity shareholding in 11 road special purpose vehicles owned by Ashoka Concessions Limited and Ashoka Buildcon Limited by Epic Concesiones 2 Private Limited". The Proposed Combination aims to acquire a 100% equity stake in the Target SPVs, which operate roads and highways through governmental concessions. This move has been approved by the CCI, with a detailed order to follow.

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Competition Commission of India (CCI) approves the acquisition of 100% equity shareholding in 11 road special purpose vehicles owned by Ashoka Concessions Limited and Ashoka Buildcon Limited by Epic Concesiones 2 Private Limited

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Competition Commission of India (CCI) approves the acquisition of 100% equity shareholding in 11 road special purpose vehicles owned by Ashoka Concessions Limited and Ashoka Buildcon Limited by Epic Concesiones 2 Private Limited

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