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CCI approves acquisition of stake in Future Supply Chain Solutions by Nippon Express

11 Dec 2019 Evaluate

Competition Commission of India (CCI) has approved the acquisition of stake in Future Supply Chain Solutions by Nippon Express (South Asia & Oceania). The proposed combination pertains to the acquisition by Nippon Express of around 22% of the total issued and paid up share capital of Future Supply, on a fully diluted basis.

Future Supply Chain Solutions is one of the largest third-party logistics service provider in India. Their services include automated and IT-enabled warehousing, distribution and other logistics solutions.

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