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CCI approves acquisition by Aceso in Health Care Global Enterprises Limited

CCI

The Competition Commission of India (CCI) approves acquisition by Aceso Company Pte. Ltd. (Aceso) in HealthCare Global Enterprises Limited (HCG), under Section 31(1) of the Competition Act, 2002.

Daily Current Affairs Quiz 2020

Key-Points

The Proposed Combination relates to an acquisition of upto 58.92% stake in HCG by Aceso by way of

Acesois an entity forming part of the CVC Network. The CVC Network consists of

HCG and its group are engaged in the business of providing services through cancer treatment clinics, multi-specialty hospitals, fertility treatment centres.

In addition, an associate company of HCG is engaged in the business of providing clinical diagnostic services.

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