Delhivery gets CCI approval for 99. 44 % stake in Ecom Express

New Delhi [India], June 17 (ANI): The Competition Commission of India (CCI) has approved the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Limited by Delhivery Limited, an official statement said.

The Proposed Combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of Ecom Express Limited (Ecom) by Delhivery Limited (Delhivery).