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CCI approves share acquisition of Emerald Sage in Apollo Tyres in India
On April 13, the Competition Commission of India (CCI) approved the proposed acquisition of 9.93% stake by Emerald Sage Investment Limited in Apollo Tyres Limited.
The proposed combination envisages subscription by Emerald Sage Investment Limited (Emerald) to 108 million compulsorily convertible preference shares.
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The proposed combination envisages subscription by Emerald Sage Investment Limited (Emerald) to 108 million compulsorily convertible preference shares.
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