26-December-2025
Banking
 
CCI approves Blackstone’s proposal for 9.99% stake in Federal Bank
24-Dec-2025

The Competition Commission of India has approved the proposal of Blackstone, the world’s largest alternative asset manager, to acquire 9.99% stake through warrants in Federal Bank, the fair-trade regulator said in a press release on Tuesday. The acquisition would be done through Blackstone’s arm Asia II Topco XIII Pte. Ltd. Restructuring Post the transaction, Blackstone will have the right to nominate a director on the board of Federal Bank as long as they hold at least 5% stake.

News Source:- https://www.financialexpress.com/business/banking-finance-cci-approves-blackstones-proposal-for-9-99-stake-in-federal-bank-4086465/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org