CCI approves the proposed acquisition of shares in Rebel Foods Private Limited by Jongsong Investments Pte. Ltd.

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..... CCI approves the proposed acquisition of shares in Rebel Foods Private Limited by Jongsong Investments Pte. Ltd.
News and Press Release
Dated:- 27-11-2024

Competition Commission of India .....

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..... has approved the proposed acquisition of shares in Rebel Foods Private Limited by Jongsong Investments Pte. Ltd. The proposed combination envisages the subscription to certain compulsorily convertibl .....

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..... e preference shares and the acquisition of equity shares of Rebel Foods Private Limited (Rebel Foods) by Jongsong Investments Pte. Ltd. (Jongsong). Jongsong, an investment holding company, is an indi .....

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..... rect wholly owned subsidiary of Temasek Holdings (Private) Limited (Temasek). Temasek is an investment company headquartered in Singapore. Temasek's global portfolio covers a broad spectrum of industr .....

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..... ies. Rebel Foods (including its affiliates) is engaged in the organised food services business and, inter alia, operates cloud kitchens, restaurants, food courts, and cafes. Detailed order of the Co .....

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..... mmission will follow.
News - Press release - PIB .....

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