PM GatiShakti: 94th meeting held with evaluation of key infrastructure plans (See 'Corp Brief') ESIC Sanath Nagar Campus Recognized for Excellence in Public Healthcare (See 'Corp Brief') Shivraj Singh Chauhan announces formal end of 'Viksit Krishi Sankalp Abhiyan' and congratulated all scientists for their remarkable participation in campaign (See 'Corp Brief') PMLA - Interesting yet embarrassing question - Authority u/s 5 does not act as a Police force or Central Agency akin to a police force while passing an order of provisional attachment - Bench has jurisdiction to entertain petition: HC (See 'Legal Desk') Government of Assam presented Srimanta Sankardeva Award to renowned Indian classical dancer Dr Sonal Mansingh (See 'Corp Brief') Union Minister Manohar Lal reviewed implementation & progress of key urban development initiatives and infrastructure projects (See 'Corp Brief') Capital Market - Purchased plot being in settlement zone area, cannot be presumed to be agricultural land, and hence purchase of such settlement land is not contravention of FEMA Regulations: SAFEMA (See 'Legal Desk') Labour Ministry drives transformation in Social Security and Welfare (See 'Corp Brief') India, Norway discuss Blue Economy at UN Ocean Conference (See 'Corp Brief') IPR - Even though similarity in two competing trademarks cannot be ascertained by dissecting and comparing their parts, 'dominant parts' of trademarks can be compared: HC (See 'Legal Desk') 15-day Viksit Krishi Sankalp Abhiyan will conclude today (See 'Corp Brief') Union Minister to inaugurate Inland Fisheries and Aquaculture Meet 2025 (See 'Corp Brief') SARFAESI - If borrowers have already availed of remedy u/s 17 and secured creditor has no other alternative remedy, then creditor can avail remedy of petition under Article 227 of Constitution: HC (See 'Legal Desk') CCI approves acquisition of equity of Goldi Solar by Havells India (See 'Corp Brief') CCI okays acquisition of equity in Kolte-Patil Developers by BREP Asia III India Holding (See 'Corp Brief') India believes in science that is empathetic, ethical, and equitable: Pradhan (See 'Corp Brief') A&C - Subsequent revision of original menu by IRCTC form part of 'original contract containing arbitration clause' or not, is matter to be decided by Arbitrator: HC (See 'Legal Desk') Rs 244 crore sanctioned to boost Sustainable Tourism: Sonowal (See 'Corp Brief') BRIC-THSTI hosts symposium on 'Development of monoclonal antibody therapeutics' (See 'Corp Brief') Capital Market - Penalty for contravention of FERA provisions, shall be levied after adjustment of confiscated amount has been allowed looking to availability of cash in hand in cash-books of Firm: SAFEMA (See 'Legal Desk') India pushes for stronger Global Ocean Cooperation at UN Conference (See 'Corp Brief') FTII extends application deadline for Film Appreciation Course (See 'Corp Brief') IPR - Patent expiration does not eliminate company’s right to challenge biosimilar regulatory compliance: HC (See 'Legal Desk') QCI celebrates Role of Accreditation in empowering SMEs (See 'Corp Brief') Union Minister inaugurates NeVA Digital Platform for Puducherry Assembly (See 'Corp Brief') IPR - 'Complete Specification' of invention is sacrosanct for determining infringement of its patent: HC (See 'Legal Desk') World today looks up to India to overcome global challenges: MoS (See 'Corp Brief') Competition Law - Google imposing unfair conditions through agreements such as Television App Distribution Agreement and Android Compatibility Commitments, violates provisions of Competition Act, 2002: CCI (See 'Legal Desk') World Food Safety Day: Call for Innovations in Food Safety (See 'Corp Brief') IPR - Unauthorised use of 'AQUA' marks by defendants being deliberate, unjustified, and intended solely to capitalise on plaintiff's established goodwill, calls for damages: HC (See 'Legal Desk') Dr PK Mishra backs UN Chief on declaring heatwave global crisis (See 'Corp Brief') A&C - While Court may be guided by Orders XXXVIII and XXIX of CPC, decision in application u/s 9 is not strictly restrained by Order XXXVIII Rule 5: HC (See 'Legal Desk') MoS goes to France to attend International Meet on Oceans (See 'Corp Brief') PMLA - Attachment of property does not amount to its confiscation, as attachment under PMLA does not alter position with regard to ownership or even possession/use of properties: SAFEMA (See 'Legal Desk')

Print

CCI okays acquisition of equity in Kolte-Patil Developers by BREP Asia III India Holding

Published: Jun 11, 2025

By TIOLCorplaws News Service

NEW DELHI, JUNE 11, 2025: THE Competition Commission of India has approved the acquisition of certain shareholding in Kolte-Patil Developers Limited by BREP Asia III India Holding Co VII Pte. Ltd.

The combination envisages acquisition of 40% shareholding in Kolte-Patil Developers Limited (Target) by BREP Asia III India Holding Co VII Pte. Ltd. (Acquirer) through a combination of share subscription and share purchase. The transaction also envisages acquisition of shares of the Target under open offer.

The Acquirer is an affiliate of funds advised and/or managed by affiliates of Blackstone Inc. Blackstone is a global alternative asset manager.

The Target is a listed company which is primarily engaged in the business of construction, development and sale of real estate.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.