CCI approves acquisition of stake in Asian Institute of Nephrology and Urology by TPG Growth V SF Markets, Waverly through Asia Healthcare Holdings
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-03-14 07:08 GMT | Update On 2024-03-21 09:10 GMT
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New Delhi: The Competition Commission of India (CCI) has approved acquisition of stake in Asian Institute of Nephrology and Urology Private Limited by TPG Growth V SF Markets Pte. Ltd. and Waverly Pte. Ltd. through Asia Healthcare Holdings Pte. Ltd.
The proposed combination relates to (a) the acquisition of fresh Redeemable Preference Shares (New RPS) in Asia Healthcare Holdings Pte. Ltd. (AHH) by TPG Growth V SF Markets Pte. Ltd. (Growth V) and Waverly Pte. Ltd. (Waverly) (Part I), and (b) subsequent acquisition of majority shareholding in Asian Institute of Nephrology and Urology Private Limited (AINU) by AHH (Part II).
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