A PYMNTS Company

India: Blackstone gets CCI approval for Embassy realty deal

By  |  October 4, 2012

The Competition Commission of India (CCI) approved a real estate deal between global private equity giant Blackstone group and Pune-based realty firm Embassy Group. The proposed deal involves Blackstone and Embassy group having joint control over an entity operating in business development, real estate management and related activities. The concerned parties had approached CCI on August 24 to seek the fair trade regulator’s approval for the deal, after execution of their investment agreement dated August 14. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Economic Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.