(i) Canary Investments Limited & (ii) Link Investment Trust II
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Annexure 7
SUMMARY OF THE PROPOSED COMBINATION
Please see below a summary of the Proposed Transaction (as defined hereafter) as required under Regulation 13(1A) of the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011.
(a) Names of the Parties to the Combination:
- i. Canary Investments Limited (“ Canary ” and / or the “ Acquirer1 ”);
- ii. Link Investment Trust II (“ Link II ” and / or the “ Acquirer2 ”); and
- iii. Intas Pharmaceuticals Limited (“ Intas ” and / or the “ Target Company ”).
Both Canary and Link II will hereinafter be referred to as “Acquirers” and Canary, Link II and Intas will hereinafter be collectively referred to as the “ Parties ”.
(b) Nature and Purpose of the Combination:
- i. The Combination relates to the acquisition of shares of the Target Company by the Acquirers (the “ Proposed Transaction ”).
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