New Delhi: The Competition Commission of India<\/a> (CCI<\/a>) has approved the stake acquisition in VVDN Technologies<\/a> by Kotak Funds<\/a> and IBEF-IV. The deal has been cleared under the green channel route.

The proposed combination relates to acquisition of shareholding by the
Kotak Special Situations Fund<\/a> (KSSF) and Kotak Pre-IPO Opportunities Fund<\/a> (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI.

KSSF and KPIOF are collectively referred to as
Kotak<\/a> Funds. They are engaged in the business of investments to achieve a long-term capital while IBEF-IV (India Business Excellence Fund IV) is a Sebi-registered alternative investment fund.

VVDN Technologies is into providing electronic manufacturing services and original design manufacturing space with global operations.

CCI said it has approved the proposed deal.

\"Given that there are no overlaps between the parties to the proposed combination. Additionally there are no horizontal, vertical, and complementary overlaps between the respective groups to which the acquirers belong and the target.

\"The proposed combination does not raise any risk of an appreciable adverse effect on competition in any relevant market and is being notified under the green channel route,\" according to an update on CCI website.

Under the green channel route, a transaction which does not raise any risk of an appreciable adverse effect on competition is deemed to be approved on being intimated to the anti-trust regulator.<\/p><\/body>","next_sibling":[{"msid":97997138,"title":"BEL ties up with Globals for developing cyberwarfare, cyber defence systems","entity_type":"ARTICLE","link":"\/news\/bel-ties-up-with-globals-for-developing-cyberwarfare-cyber-defence-systems\/97997138","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97997557,"entity_type":"ARTICLE","title":"CCI gives nod to deal involving VVDN Technologies","synopsis":"The proposed combination relates to acquisition of shareholding by the Kotak Special Situations Fund (KSSF) and Kotak Pre-IPO Opportunities Fund (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI.","titleseo":"telecomnews\/competition-comm-gives-nod-to-deal-involving-vvdn-technologies","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":200,"shares":0,"engagementtimems":929000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-02-17 08:23:52","lastupd":"2023-02-17 08:27:01","breadcrumbTags":["VVDN Technologies","kotak funds","kotak special situations fund","cci","telecom equipment","telecom news","Kotak","kotak pre-ipo opportunities fund","competition commission of india"],"secinfo":{"seolocation":"telecomnews\/competition-comm-gives-nod-to-deal-involving-vvdn-technologies"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2023-02-17" data-index="article_1">

CCI给交易涉及VVDN技术点头

提出组合与科塔克收购股权的特殊情况基金(KSSF)和科塔克上市前机会基金(KPIOF)通过二级市场购买股票和订阅强制VVDN技术的可转换债券,根据CCI。

  • 更新于2023年2月17日08:27点坚持
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新德里:印度竞争委员会(CCI)已批准的股权收购VVDN技术通过科塔克基金和IBEF-IV。这笔交易已经下了绿色通道的路线。

提出了组合与收购的股权科塔克特殊情况基金(KSSF)和科塔克上市前机会基金(KPIOF)通过二级市场购买股票和订阅强制VVDN技术的可转换债券,根据CCI。

KSSF和KPIOF统称为科塔克基金。他们从事的业务实现长期资本投资而IBEF-IV(印度商业卓越基金(四)Sebi-registered另类投资基金。

广告
VVDN技术是提供电子制造服务和原始设计制造与全球业务空间。

CCI表示,它已批准拟议中的交易。

“鉴于之间没有重叠各方提出的组合。另外没有水平,垂直,互补各自的团体之间的重叠的收购者和目标。

“建议的组合并不增加任何一个明显的不利影响的风险在任何相关的市场和竞争被通知在绿色通道路线,”据一位CCI网站上更新。

绿色通道路线,下一个事务不提高竞争的任何明显的不利影响的风险被认为是暗示反垄断监管机构的批准。

  • 发布于2023年2月17日08:23点坚持
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New Delhi: The Competition Commission of India<\/a> (CCI<\/a>) has approved the stake acquisition in VVDN Technologies<\/a> by Kotak Funds<\/a> and IBEF-IV. The deal has been cleared under the green channel route.

The proposed combination relates to acquisition of shareholding by the
Kotak Special Situations Fund<\/a> (KSSF) and Kotak Pre-IPO Opportunities Fund<\/a> (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI.

KSSF and KPIOF are collectively referred to as
Kotak<\/a> Funds. They are engaged in the business of investments to achieve a long-term capital while IBEF-IV (India Business Excellence Fund IV) is a Sebi-registered alternative investment fund.

VVDN Technologies is into providing electronic manufacturing services and original design manufacturing space with global operations.

CCI said it has approved the proposed deal.

\"Given that there are no overlaps between the parties to the proposed combination. Additionally there are no horizontal, vertical, and complementary overlaps between the respective groups to which the acquirers belong and the target.

\"The proposed combination does not raise any risk of an appreciable adverse effect on competition in any relevant market and is being notified under the green channel route,\" according to an update on CCI website.

Under the green channel route, a transaction which does not raise any risk of an appreciable adverse effect on competition is deemed to be approved on being intimated to the anti-trust regulator.<\/p><\/body>","next_sibling":[{"msid":97997138,"title":"BEL ties up with Globals for developing cyberwarfare, cyber defence systems","entity_type":"ARTICLE","link":"\/news\/bel-ties-up-with-globals-for-developing-cyberwarfare-cyber-defence-systems\/97997138","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":97997557,"entity_type":"ARTICLE","title":"CCI gives nod to deal involving VVDN Technologies","synopsis":"The proposed combination relates to acquisition of shareholding by the Kotak Special Situations Fund (KSSF) and Kotak Pre-IPO Opportunities Fund (KPIOF) through a combination of secondary share purchases of equity shares and subscription to compulsorily convertible debentures of VVDN Technologies, according to CCI.","titleseo":"telecomnews\/competition-comm-gives-nod-to-deal-involving-vvdn-technologies","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":200,"shares":0,"engagementtimems":929000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2023-02-17 08:23:52","lastupd":"2023-02-17 08:27:01","breadcrumbTags":["VVDN Technologies","kotak funds","kotak special situations fund","cci","telecom equipment","telecom news","Kotak","kotak pre-ipo opportunities fund","competition commission of india"],"secinfo":{"seolocation":"telecomnews\/competition-comm-gives-nod-to-deal-involving-vvdn-technologies"}}" data-news_link="//www.iser-br.com/news/competition-comm-gives-nod-to-deal-involving-vvdn-technologies/97997557">