The notification relates to the acquisition of certain stake through equity in Hero Future Energies Global Ltd (“HFE UK”) and non-voting compulsorily convertible preference shares in Hero Future Energies Private Ltd. (“HFE India”) by Abu Dhabi Future Energy Company P.J.S.C.-Masdar (“Acquirer”). The Acquirer, an entity incorporated in Abu Dhabi, is an international renewable energy and […]
Hero Future’s stake buy by Abu Dhabi Future Energy gets CCI nod under green channel
New Delhi: The Competition Commission of India (CCI) has given nod under the green channel route to Abu Dhabi Future Energy Company for acquiring equity stake in Hero Future Energies Global Ltd. Besides, the transaction also involves acquisition of non-voting compulsorily convertible preference shares in Hero Future Energies Private Ltd. ‘The proposed combination in terms […]