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Consultants Review Magazine

Top M&As That Significantly Change the Business Landscape in India

By Samrat Pradhan, Editor, Consultants Review

 

7. Liberty Global purchased interests in Vodafone

According to the Economic Times, Liberty Global has invested 1.2 billion euros to acquire 1,355 million shares, or 4.92 percent of the outstanding share capital of UK-based telecoms giant Vodafone Group, on February 14, 2023. Liberty Global has stated that it will not seek board representation and has highlighted its wide investment portfolio in entertainment, technology, and infrastructure.

8. Purchase of a share in Hindustan Ports by the National Investment and Infrastructure Fund

The National Investment and Infrastructure Fund (NIIF) has been granted permission by the Competition Commission of India (CCI) to acquire up to a 25% interest in Hindustan Ports Pvt Ltd (HPPL) in February 2023. The regulatory approval also included the merging of Hindustan Infralog Pvt Ltd (HIPL) and HPPL, indicating a strategic shift in the infrastructure industry.

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