The Indian Competition Authority approves the acquisition of over 70% equity stake in a health and safety company by an investment fund (Forbes Enviro Solutions / Lunolox)

KEYWORDS
Reference

Indian Competition Authority, Forbes Enviro Solutions / Lunolux, Merger decison, 20 December 2021

Lunolox Limited (“Lunolux / Acquirer”) is a special purpose vehicle incorporated by AI Global Investments (Cyprus) PCC Limited (“AI Global”) for the purposes of the proposed combination. AI Global operates as the investment hub for Asia for all the funds managed by Advent International Corporation (“Advent Corporation”). Forbes Enviro Solutions Limited (“FESL / Target”) is presently a subsidiary of Eureka Forbes

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.