CCI approves Goldman Sachs and Amber enterprise deal

The Dollar Business Bureau

CCI has sanctioned the stake purchase of Goldman Sachs in Amber enterprise limited.
The fair trade regulator, Competition Commission of India has tweeted that it “approves acquisition of 2,00,000 CCP shares, 36 per cent of issued capital of Amber Enterprises (India) Pvt Ltd by Goldman Sachs entities.”
The CCP shares refer to the Cumulative Convertible preference shares.
Amber Enterprise limited is the leading manufacturer of white goods. They manufacture and customize the original equipment according to the specifications needed.

Financial Major Goldman Sachs is a US based global investment banking, investment management and securities management firm. They offer financial services to a variety of firms including the corporations.