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CCI Greenlights Bharti and Indigo Cove's $2 Billion Stake in Haier India

CCI Greenlights Bharti and Indigo Cove's $2 Billion Stake in Haier India

The Competition Commission of India (CCI) has approved Bharti Group and Indigo Cove Investments' acquisition of a 49% stake in Haier India. Valued at approximately USD 2 billion, the transaction was cleared under the green channel route, ensuring no adverse competition effects in the Indian market.

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