Competition Commission of India approves acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group

On 13/05/2025, the Competition Commission of India issued an update regarding "Competition Commission of India approves acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group". The Proposed Combination involves the direct and indirect acquisition of certain entities by the Knowledge Realty Trust, with existing shareholders receiving units in lieu of their stakes. This approval was granted under the SEBI (Real Estate Investment Trusts) Regulations, 2014.