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CCI slaps penalty on Carlyle arm
July 08, 2025
|Financial Express Hyderabad
CCI has imposed a penalty of ₹4 lakh on Carlyle for failing to disclose info related an acquisition
THE COMPETITION COMMISSION of India (CCI) has imposed a penalty of ₹4 lakh on Carlyle Group's investment vehicle, CA Plume Investments, and Bequest for failing to disclose key information related to their acquisition of Quest Global Services.
In its order, the CCI stated that the acquirers had admitted to an "inadvertent error" in identifying overlaps between their businesses and that of the target company. "It is evident that the combination did not meet the criteria of Green Channel prescribed under Schedule III of the Combination Regulation," the order said.
هذه القصة من طبعة July 08, 2025 من Financial Express Hyderabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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