PIB News
CCI Approves Concessoc 41 SAS's Acquisition of 100% Stake in Vishavari Tollway Ltd and Nine SPVs
The Competition Commission of India (CCI) has approved Concessoc 41 SAS's acquisition of 100% shareholding in Vishavari Tollway Ltd and nine special purpose vehicles (SPVs) that manage road assets in India. This acquisition includes companies operating tollways in Andhra Pradesh, Odisha, and Gujarat, and is part of a deal with MAIF 2 Investments India 2 Pte. Ltd. and MAIF 2 Investments India 3 Pte. Ltd. Concessoc 41 SAS is a French company ultimately controlled by VINCI S.A., a global leader in concessions and construction. This approval marks a significant step in expanding foreign investment in India's infrastructure sector.
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