CCI approves acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.’s from Actis Solenergi Limited

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..... CCI approves acquisition of Solenergi Power Private Limited by Shell Overseas Investments B.V.’s from Actis Solenergi Limited
News and Press Release
Dated:- 12-7-2022

The Competition Com .....

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..... mission of India (CCI approves acquisition of Solenergi Power Private Limited (Target) by Shell Overseas Investments B.V.'s (Acquirer) from Actis Solenergi Limited under Section 31(1) of the Competiti .....

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..... on Act, 2002, yesterday. The proposed combination pertains to acquisition of 100% shareholding and sole control of the Target by the Acquirer. Acquirer is a company incorporated in the Netherlands a .....

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..... nd is a part of the Shell group. It is a holding company. Shell Plc is the ultimate holding company and directly and indirectly owns investments in various companies (Shell Group). Shell Plc's shares .....

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..... are listed on the London Stock Exchange, Euronext Amsterdam and the New York Stock Exchange. The Shell Group is a global group of energy and petrochemical companies with 83,000 employees in more than .....

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..... 70 countries. Target is an investment company incorporated in Mauritius, belonging to the Actis group. It currently has investments in the renewable energy sector in India. Detailed order of the CCI .....

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..... will follow.
News - Press release - PIB .....

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