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TMI BlogCCI approves acquisition of 100% shareholding of Interise Investment Managers Limited by the CPIH, AIL – II. and Ontario Inc.X X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition of 100% shareholding of Interise Investment Managers Limited by the CPIH, AIL – II. and Ontario Inc. - News and Press Release Dated:- 7-2-2024 - News - CCI approves acquisition of 100% shareholding of Interise Investment Managers Limited by the CPIH, AIL – II. and Ontario Inc. - - - Dated:- 7-2-2024 - The Competition Commission of India (CCI) has approved the proposed co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mbination involving acquisition of 100% shareholding of Interise Investment Managers Limited by the CPIH, AIL II. and Ontario Inc. CPPIB India Private Holdings Inc. ( CIPH ) is a Canadian corporation and is an investment holding company which invests in a diversified portfolio of assets. CIPH is a wholly owned subsidiary of Canada Pension Plan Investment Board ( CPPIB ). Allianz Infrastruc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ture Luxembourg II S. R.L. ( AIL II ) is an alternative investment fund based in Luxembourg. It is engaged in the acquisition and management of assets, in particular, stakes in corporations and real estate companies, for its own investments. AIL II is indirectly wholly owned by Allianz SE, which is the holding company of the Allianz Group. Ontario Inc. ( Ontario Inc. ) is an investment ent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ity of the Ontario Administration Corporation, which is the administrator of the Ontario Municipal Employees Retirement System ( OMERS ) primary pension plan and the trustee of the pension funds thereunder. (CIPH , AIL II and Ontario Inc. are collectively referred as Acquirers ) Interise Investment Managers Limited ( Target ) is the investment manager of IndInfravit Trust ( IndInfravit ), ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... which is an infrastructure investment trust registered with the Securities and Exchange Board of India. IndInfravit invests in road infrastructure assets in India. The Target is entrusted with the responsibility of managing the assets of IndInfravit. The Proposed Combination involves acquisition of 100% of the issued and paid-up share capital of the Target (on a fully diluted basis) by the Acq ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uirers. CIPH, AIL II and Ontario Inc. will respectively hold 50%, 25% and 25% of the share capital of the Target (on a fully diluted basis). ( Proposed Combination ). Detailed order of the CCI will follow. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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