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Get latest articles and stories on Latest News at LatestLY. Competition Commission of India (CCI) on Wednesday cleared General Atlantic Singapore ACK's proposed acquisition of an additional 4.04 per cent stake in Acko Technology and Services. Latest News | CCI Clears General Atlantic's Additional Stake Buy in Acko Tech.
The Competition Commission of India (CCI) approves acquisition of additional Series E compulsorily convertible preference shares of Acko Technology & Services Private Limited by Multiples Private Equity Fund III and CPP Investment Board Private H
The proposed deal involves the acquisition of additional Series E compulsorily convertible preference shares of Acko Technology by Multiples Private Equity Fund III and CPP Investment Board Private Holdings
Both Urban Company and Acko have acquired a minority stake in the company through this investment.