CCI Greenlights Stake Acquisition in WeWork India by Real Trustee
The competition regulator CCI has approved Real Trustee Advisory Company's proposed acquisition of a stake in WeWork India Management. The deal involves Volrado Venture Partners Fund II, Volrado III, and Embassy Buildcon LLP. This acquisition is part of ensuring fair competition in the marketplace.
- Country:
- India
The Competition Commission of India (CCI) has given the green light for Real Trustee Advisory Company's acquisition of a stake in WeWork India Management.
The proposed deal involves Volrado Venture Partners Fund II, Volrado III, alongside other independent co-acquirers, and 100% share capital of 1 Ariel Way Tenant Limited by Embassy Buildcon LLP.
This approval underscores CCI's commitment to maintaining fair competition in the marketplace and curbing unfair business practices.
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