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Brief
"On "03/12/2024", the "Competition Commission of India" issued an update regarding "Competition Commission of India (CCI) approves the acquisition of certain shareholding of Shiprocket Private Limited by MUFG Bank, Ltd.". The proposed combination involves the acquisition of a stake in Shiprocket, a logistics platform provider, by MUFG Bank. This approval enables MUFG to expand its banking services through the Target's logistical capabilities."
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