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TMI BlogCCI approves the acquisition of less than 5% shareholding in Intas Pharmaceuticals Limited by Canary Investments Limited and Link Investment Trust IIX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves the acquisition of less than 5% shareholding in Intas Pharmaceuticals Limited by Canary Investments Limited and Link Investment Trust II X X X X Extracts X X X X X X X X Extracts X X X X ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 31(1) of the Competition Act, 2002. The Proposed Combination relates to acquisition of less than 5% shareholding of Intas Pharmaceuticals Limited (Intas) by Canary Investments Limited (Canary) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Link Investment Trust II (Link II). Canary is an investment company registered in Mauritius. Link II is a private trust created and registered under the laws of India. Intas is a public limited ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... company incorporated and registered under the laws of India. Intas is said to be a vertically integrated global pharmaceutical formulation development, manufacturing, and marketing company. The Commi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssion approved the Proposed Combination subject to the carrying out of modifications proposed by Canary and Link II.
The detailed order of the CCI will follow. X X X X Extracts X X X X X X X X Extracts X X X X
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