Browsing: CCI

The Competition Commission of India (CCI) has approved Delhivery’s acquisition of Ecom Express and Mahindra & Mahindra’s (M&M) acquisition of SML Isuzu. Delhivery will acquire a majority stake in Ecom Express for Rs 1,407 crore, enhancing its logistics solutions for the e-commerce sector. M&M will acquire a 58.

This merger, expected to close in the second half of 2025, will create the world’s largest integrated communications group, generating approximately $26 billion in annual revenue. In India, the combined entity will become the second-largest ad and marketing communications firm.

The Competition Commission of India (CCI) has approved Warburg Pincus’ proposal to acquire a 10% stake in IDFC First Bank through its arm, Currant Sea Investments BV. Additionally, CCI has cleared Omnicom Group Inc.’s acquisition of The Interpublic Group of Companies, Inc., where IPG will become a wholly-owned subsidiary of Omnicom following the merger.