{"id":78719,"date":"2022-12-20T18:37:00","date_gmt":"2022-12-20T13:07:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=78719"},"modified":"2022-12-20T18:34:52","modified_gmt":"2022-12-20T13:04:52","slug":"biz-cci-brookfield","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-cci-brookfield\/","title":{"rendered":"CCI approves Brookfield&#8217;s minority stake buy in UPL SAS"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2298043585\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Competition Commission of India (CCI) on Tuesday said it has approved Woodhall Holdings Ltd&#8217;s acquisition of a minority stake in UPL Sustainable Agri Solutions Ltd (UPL SAS).<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2665336424\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The deal has been cleared under the green channel route. Under this framework, transaction which does not raise any risk of an appreciable adverse effect on competition is deemed to be approved on being intimated to the fair trade regulator.<\/p>\n<p>Woodhall Holdings Ltd (WHL) is a special purpose vehicle and part of Brookfield Asset Management.<\/p>\n<p>In a release, CCI said it has cleared the deal.<\/p><div class=\"trade-content_5\" id=\"trade-3760495543\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>In October, UPL announced that Brookfield along with other investors will invest Rs 1,580 crore for a 9.09 per cent stake in its agri-tech platform UPL SAS.<\/p>\n<p>&#8220;Given that there are no overlaps between the parties to the proposed transaction, it does not raise any risk of an appreciable adverse effect on competition in any relevant market(s) in India. Therefore, the proposed transaction is being notified under the green channel route,&#8221; CCI said.<\/p>\n<p>UPL SAS is an Indian agro-chemical company engaged in the manufacture, marketing, and sales of various agro-chemicals such as insecticides, herbicides, and anti-sprouting agents.<\/p>\n<div class=\"trade-after-content\" id=\"trade-4077238463\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) on Tuesday said it has approved Woodhall Holdings Ltd&#8217;s acquisition of a minority stake in UPL Sustainable Agri Solutions Ltd (UPL SAS). The deal has been cleared under the green channel route. Under this framework, transaction which does not raise any risk of an appreciable adverse effect on competition [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":27083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-78719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CCI approves Brookfield&#039;s minority stake buy in UPL SAS - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-cci-brookfield\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CCI approves Brookfield&#039;s minority stake buy in UPL SAS\" \/>\n<meta property=\"og:description\" content=\"The Competition Commission of India (CCI) on Tuesday said it has approved Woodhall Holdings Ltd&#8217;s acquisition of a minority stake in UPL Sustainable Agri Solutions Ltd (UPL SAS). 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