The Indian Competition Authority approves the acquisition of two online retail supermarket companies by a digital payments technology company (Tata Digital / Supermarket Grocery Supplies / Innovative Retail Concepts)

The CCI approved the acquisition by Tata Digital Limited (TDL) of up to 64.3% of the total share capital of Supermarket Grocery Supplies Limited (SGS) and a potential subsequent acquisition by SGC of sole control over Innovative Retail Concepts Private Limited (IRC). [1] TDL provides technology services related to identity

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Authors

  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (Mumbai)
  • Shardul Amarchand Mangaldas (New Delhi)
  • Shardul Amarchand Mangaldas (New Delhi)

Quotation

Pallavi Shroff, John Handoll, Naval Satarawala Chopra, Shweta Shroff Chopra, Harman Singh Sandhu, Manika Brar, Aparna Mehra, Gauri Chhabra, Yaman Verma, Rohan Arora, The Indian Competition Authority approves the acquisition of two online retail supermarket companies by a digital payments technology company (Tata Digital / Supermarket Grocery Supplies / Innovative Retail Concepts), 28 April 2021, e-Competitions Mergers & Acquisitions in online platforms, Art. N° 101739

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