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The Competition Commission of India has approved Schneider Electric SE's proposed acquisition of a 35% stake in Schneider Electric India Private Limited and a 35% stake in Schneider Electric JV Holdings 2 Pte. Ltd. from MacRitchie Investments Pte. Ltd.
“The Competition Commission of India has approved the proposed acquisition of certain stake in Schneider Electric India Private Limited and Schneider Electric JV Holdings 2 Pte. Ltd. respectively by Schneider Electric SE from the MacRitchie Investments Pte. Ltd.”pib.gov.in
Summarized from public sources; check the original articles before acting on it.