1.

Who approves acquisition of 100% equity shares of Medlife by API Holdings?

Answer» The Competition Commission of India (CCI) has approved the acquisition of 100% equity shares of Medlife International Private Limited ("Medlife") by API Holdings Private Limited ("API Holdings"). It also approved the acquisition of up to 19.59% equity share capital of API Holdings by Medlife's shareholders under Section 31(1) of the Competition Act, 2002.


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