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CCI approves proposed combination involving indirect subscription of over 30% of total number of issued shares of CitiusTech by Bain Capital and Bain Credit

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..... CCI approves proposed combination involving indirect subscription of over 30% of total number of issued shares of CitiusTech by Bain Capital and Bain Credit - News and Press Release Dated:- 16-7-2022 - News - The Competition Commission of India (CCI) approved the proposed combination involving the indirect subscription of over 30% of the total number of issued shares of CitiusTech by Bain Capita .....

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..... l Investors, LLC ( Bain Capital ) and Bain Capital Credit Member, LLC and Bain Capital Credit Member II, Ltd. ( Bain Credit ), which represents approximately half the economic interest in CitiusTech ( Proposed Combination ). Bain Capital : Bain Capital is a private equity investment firm that invests, through its family of funds, in companies across many industries, including information techn .....

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..... ology, healthcare, retail and consumer products, communications, financial and industrial/manufacturing. Bain Credit : is a leading global credit specialist, which invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Its team .....

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..... of more than 240 professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. CitiusTech : CitiusTech holds approximately 80% interest in CitiusTech Healthcare Technology Private Limited (CT India) and does not have any business activities as such. CT India is a healthcare technology services and solutions provider. CT India provides he .....

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..... althcare software engineering, healthcare professional services, healthcare QA test automation, healthcare technology consulting, healthcare BI/ Analytics, and business and process outsourcing services in healthcare. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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