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Sundaram Asset Management Co-Principal deal gets CCI nod SECTIONS Last Updated: Apr 07, 2021, 10:29 AM IST Share Synopsis Competition Commission of India has cleared Sundaram Asset Management Company Ltd s (SAMC) proposed deal to acquire the asset management business of Principal in India. ET Online Competition Commission of India has cleared Sundaram Asset Management Company Ltd s (SAMC) proposed deal to acquire the asset management business of Principal in India. The deal involves acquisition of 100 per cent of the issued and paid-up equity share capital of Principal Asset Management Pvt Ltd (PAMPL), Principal Trustee Company Pvt Ltd (PTCPL) and Principal Retirement Advisors Pvt Ltd (PRAPL), as per a combination notice filed with the regulator.

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