Bupa Singapore Holdings Pte. Ltd.
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 OF THE PROPOSED COMBINATION
Summary under Regulation 13(1A) of the Competition Commission Of India (Procedure in regards to the transaction of business relating to combinations) Regulations, 2011 (as amended)
A. Name of the parties to the proposed combination
- The parties to the proposed combination are:
- (i) Bupa Singapore Holdings Pte. Ltd. (“ Bupa Singapore ” / “ Acquirer ”); and
- (ii) Niva Bupa Health Insurance Company Limited (“ Niva Bupa ” / “ Target ”).
The Acquirer and Target are collectively referred to as the “Parties”.
B. Nature and purpose of the proposed combination
- Bupa Singapore is an existing shareholder of Niva Bupa. The proposed transaction relates to the secondary purchase of shares by the Acquirer in the Target from Fettle Tone LLP (“ Proposed Transaction ”). Post consummation of the Proposed Transaction, the shareholding of the Acquirer will increase to approximately 63% equity stake in the Target.
Case details
As recorded by the court registry
- Court
- CCI
- Decided on
- · November
- Case no.
- C-2023/11/1079
- Topic
- Arbitration
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