公平竞争监管机构印度竞争委员会(CCI)已批准法国巴黎银行卡迪夫保险公司(BNP Paribas Cardif)收购印度第一人寿保险有限公司(IndiaFirst Life Insurance Company Ltd.)部分股权的提议。
Fair trade regulator CCI has approved BNP Paribas Cardif’s proposal to acquire a stake in IndiaFirst Life Insurance Company Ltd. ”CCI approves the acquisition of certain equity share capital in India First Life Insurance Company Limited by BNP Paribas Cardif,” the competition watchdog said in a post on X.The Competition Commission of India on Tuesday said it has cleared the proposed deal.
竞争监管机构在社交平台X上发文称:“CCI批准法国巴黎银行卡迪夫保险公司收购印度第一人寿保险有限公司的特定股权资本。”印度竞争委员会于周二表示,已批准该拟议交易。
In July this year, BNP Paribas Cardif announced that it has entered into a definitive agreement to acquire a 26 per cent stake in IndiaFirst Life Insurance Company Ltd from private equity giant Warburg Pincus.
今年七月,法国巴黎银行卡迪夫保险宣布,已与私募股权巨头华平投资集团达成最终协议,收购印度第一人寿保险公司26%的股份。交易完成后,印度第一人寿的股权结构将为:巴罗达银行持股65%,法国巴黎银行卡迪夫保险持股26%,联合印度银行持股9%。法国巴黎银行卡迪夫保险表示,该交易标志着其国际增长和多元化战略的又一重要步骤,并加强了其在亚洲,特别是印度市场的布局,印度市场提供了极具吸引力的长期增长机遇。
After the completion of the transaction, IndiaFirst Life’s shareholding will comprise Bank of Baroda holding 65%, BNP Paribas Cardif having a 26% stake and Union Bank of India holding 9% equity. For BNP Paribas Cardif, the insurer said the transaction marks a further step in its international growth and diversification strategy and strengthens its presence in Asia, particularly in India, which offers compelling long-term growth opportunities.CCI clears Fairfax India's proposal to acquire additional stake in IIFL Capital ServicesIt reinforces the partnership-led business model and strengthens its position in a dynamic insurance market.BNP Paribas Cardif, the insurance arm of France-based financial services company BNP Paribas Group, is a world leader in bancassurance partnerships, while IndiaFirst Life is a private life insurer promoted by Bank of Baroda.
印度竞争委员会批准了费尔法克斯印度收购IIFL资本服务公司额外股份的申请。此举强化了其以合作伙伴关系为核心的商业模式,并巩固了其在充满活力的保险市场中的地位。法国巴黎银行卡迪夫保险是法国金融服务公司法国巴黎银行集团的保险业务部门,是全球银行保险合作领域的领导者;而印度第一人寿是由巴罗达银行发起设立的私人人寿保险公司。
In a separate deal approved on Tuesday, CCI has granted its nod to Crystal Crop Protection Ltd to acquire FMC India Pvt Ltd.”The proposed combination relates to the acquisition of 100 per cent shareholding of FMC India Pvt Ltd on a fully diluted basis by Crystal Crop Protection Ltd from FMC Netherlands Holdings II BV and its affiliates,” the anti-trust regulator said in a release.
在另一项于周二获批的交易中,印度竞争委员会批准了水晶作物保护有限公司收购FMC印度私人有限公司的申请。反垄断监管机构在一份声明中表示:“拟议合并涉及水晶作物保护有限公司从FMC荷兰控股II BV及其关联方以完全稀释为基础收购FMC印度私人有限公司100%的股份。”水晶作物保护有限公司成立于1994年,从事作物保护产品、种子和农业设备的开发、制造和分销。
Incorporated in 1994, Crystal Crop is engaged in the development, manufacturing and distribution of crop protection products, seeds and agricultural equipment. Delhi HC dismisses UltraTech plea against Builders Association's Inclusion in CCI cement probeFMC India is in the business of manufacturing and marketing crop protection products, including insecticides, herbicides, fungicides, seed treatment, and plant health and nutrition products and is a part of the US-based FMC Corporation group.
德里高等法院驳回了对建筑协会被纳入印度竞争委员会水泥行业调查的UltraTech公司的申诉。FMC印度从事作物保护产品的制造和营销,包括杀虫剂、除草剂、杀菌剂、种子处理以及植物健康和营养产品,是美国FMC公司集团的一部分。今年五月,FMC公司宣布已签署达成了一项将FMC印度公司出售给Crystal Crop Protection的最终协议,交易对价为2.52亿美元。超过特定门槛的交易需要获得印度竞争委员会(CCI)的批准。
In May, FMC Corporation announced it has signed a definitive agreement to sell FMC India to Crystal Crop Protection for consideration of $252 million. Deals beyond a certain threshold require approval from CCI.
该监管机构密切关注不正当商业行为,同时也在市场中促进公平竞争。
The regulator keeps a watch on unfair business practices and also promotes fair competition in the marketplace.