CCI approves Tata Sons’ plan to acquire additional 10% stake in Tata Play | Stock Market News
India’s antitrust regulator, the Competition Commission of India (CCI), on Monday, March 17, announced that it had approved Tata Group’s holding firm, Tata Sons’ plan to purchase an additional stake in Tata Play.
According to the official notification, the Indian antitrust regulator allowed Tata Sons to raise an additional 10 per cent stake in Tata Play, the company’s digital content distribution arm.
“CCI approves the acquisition of an additional 10% shareholding in Tata Play Limited by Tata Sons Private Limited from Baytree Investments (Mauritius) Pte Ltd,” said CCI in its post on X.
(This is a breaking story. The story will be updated soon)
