Naspers Ventures B.V.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
SUMMARY UNDER REGULATION 13(1A) OF THE COMPETITION COMMISSION OF INDIA (PROCEDURE IN REGARD TO THE TRANSACTION OF BUSINESS RELATING TO COMBINATIONS) REGULATIONS, 2011 (AS AMENDED)
A. Names of the parties to the Combination
- The names of the parties to the combination are:
- a. Naspers Ventures B.V. (“ Acquirer ”); and,
- b. API Holdings Private Limited (“ Target ”).
- The Acquirer and the Target are collectively referred to as the “ Parties ”.
- B. Nature and Purpose of the Combination
- The Acquirer proposes to acquire shares of the Target (“ Proposed Transaction ”). Accordingly, the Proposed Transaction is in the nature of an acquisition under Section 5(a) of the Competition Act, 2002 (“ Act ”).
C. Products, services and business(es) of the Parties
Acquirer
Issues for consideration
1 issue framed by the court
Whether the proposed acquisition of shares by Naspers Ventures B.V. from API Holdings Private Limited falls under Section 5(a) of the Competition Act, 2002.
Parties & counsel
- applicant
Naspers Ventures B.V.
- applicant
API Holdings Private Limited
Case details
As recorded by the court registry
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