GRI

CCI approves the acquisition of certain shareholding in Kolte-Patil Developers Limited by BREP Asia III India Holding Co VII Pte. Ltd.

News Competition General Updates
Date: 10th Jun, 2025 Source: Competition Commission of India Country: India Original Source

Brief

"On 10/06/2025, the Competition Commission of India issued an update regarding CCI approves the acquisition of certain shareholding in Kolte-Patil Developers Limited by BREP Asia III India Holding Co VII Pte. Ltd.". The acquisition involves a combination of share subscription and purchase, with the Acquirer holding a 40% stake in the Target company, a listed real estate developer. The transaction also includes an open offer to acquire shares from other investors.

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Competition Commission of India

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