# India's CCI approves Epsilon Bidco acquisition of 75% of Essel Propack

India's Competition Commission approved Epsilon Bidco's acquisition of up to 75% of packaging maker Essel Propack Limited by order dated 3 June 2019.

- Type: Acquisition
- Announced: 2019-06-03
- Where: India
- Status: announced
- Products: laminate tubes, packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (investor)
- [Blackstone Group](https://endata.com/companies/2364.md) (partner)
- [Essel Propack](https://endata.com/companies/3927.md) (target)
- [Epsilon Bidco](https://endata.com/companies/5094.md) (acquirer)

## Sources

- [exa.ai](https://exa.ai/library/publication/qs9p43kybbn), 2019-06-03: "By way of order dated 3.06.2019, CCI has approved the acquisition of up to 75% shareholding in Essel Propack Limited by Epsilon Bidco."
- [mondaq.com](https://www.mondaq.com/india/CorporateCommercial-Law/840294/CCI-Approves-75-Acquisition-Of-EPL-By-Epsilon), 2019-08-27: "On June 3, 2019, CCI approved the acquisition of up to 75% shareholding of Essel Propack Limited (EPL) by Epsilon Bidco Pte. Limited (Epsilon)"
- [concurrences.com](https://www.concurrences.com/en/bulletin/news-issues/june-2019/the-indian-competition-authority-approves-acquisition-of-75-shareholding-in-a), 2020-05-14: "By way of order dated 3.06.2019, CCI has approved the acquisition of up to 75% shareholding of the issued and outstanding equity shares of EsselPropack Limited"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.