PIB News
CCI Approves NuageLux BidCo S.à r.l's Acquisition of Shares in Kids Clinic India
The Competition Commission of India (CCI) has approved NuageLux BidCo S.à r.l.'s acquisition of approximately 23% shareholding in Kids Clinic India Limited. This approval was announced on October 14, 2026. NuageLux BidCo, a newly incorporated private limited company in Luxembourg, is a special purpose vehicle with no prior operations or presence in India. Kids Clinic India operates a prominent chain of super-specialty hospitals known as 'Cloudnine,' focusing on mother and baby care across various cities in India.
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