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CCI Approves Bajaj Group’s Rs. 24,180 Crore Allianz Stake Acquisition and Multiple Other Major Deals.

Economy Business | Dated: 23 May 2025

On May 20, 2025, the Competition Commission of India (CCI) approved several major proposals:

🎯 Key Highlights:

  • - The CCI approved the Bajaj Group's proposal to acquire Allianz’s stakes in their insurance joint venture for Rs. 24,180 crore.
  • - Approval was granted for the acquisition of majority shareholding and control in Nazara Technologies Limited by three entities: Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Private Limited.

💡 Other Important Facts:

  • (i) The CCI approved Singapore-based Temasek Holdings (Private) Limited’s proposed acquisition of a minority shareholding in Haldiram Snacks Food Private Limited through its subsidiary JongSong Investments Pte. Limited.
  • (ii) The combined acquisition of Batlivala & Karani Securities Private Limited and Batlivala & Karani Finserv Private Limited by 360 ONE WAM Limited and its group entities was also approved by the commission.

📚 Test Your Knowledge:

Which group’s proposal to acquire Allianz’s stakes in an insurance JV was recently approved by the Competition Commission of India (CCI)?

Correct Answer: Adani Group

🚀 Quick Recap:

About Competition Commission of India (CCI)

  • Chairperson: Ravneet Kaur
  • Headquarters: New Delhi