CCI gives nod to PE firm General Atlantic to acquire Actis Holdings

The Competition Commission of India (CCI) on Tuesday cleared US-based private equity firm General Atlantic's proposal to acquire a 100 per cent stake in Actis Holdings.

Actis Holdings S. r.l is a sustainable infrastructure investor, investing globally in, energy infrastructure, digital infrastructure, real estate and private equity.

"CCI approves the proposed acquisition of 100% shareholding of Actis Holdings S. r.l. by GAP Arthur Holdco, LP," the fair trade regulator said in a post on X.

GAP Arthur Holdco LP is an affiliate of General Atlantic.

In January this year, General Atlantic (GA) and Actis announced that the firms have entered into a definitive agreement under which GA will acquire Actis, creating a diversified, global investment platform with USD 96 billion in combined assets under management (AUM).

Under the terms of the agreement, Actis will become the sustainable infrastructure arm within General Atlantic's global investment platform.

In a separate post on X, CCI app