We are delighted to have advised HDFC Bank and HDFC Credila in obtaining merger control approval from the Competition Commission of India in relation to the proposed acquisition by the EQT group and ChrysCapital collectively of a 90% stake in HDFC Credila – which is the largest private equity buyout in the Indian financial services sector till date. The matter was led by Vinod Dhall, Senior Adviser and Gaurav Desai, Partner with Shruti Bhat, Counsel and Juhi Hirani and Ravleen Chhabra, Associates.
Click here to read more – The Competition Commission of India – Press Release