CCI approves Reliance Strategic Business Ventures' acquisition of 50.1% stake in Sanmina SCI India

The Competition Commission of India approved the acquisition of a 50.1% stake in Sanmina SCI India by Reliance Strategic Business Ventures, a Reliance Industries subsidiary. RSBVL will invest ₹1,670 crore in the joint venture.

“The proposed combination envisages acquisition of 50.1% of the equity share capital of SCIPL by RSBVL.”livemint.com

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• livemint.comCCI okays acquisition of 50.1% stake in Sanmina SCI India by RIL-arm | Company Business NewsLivemintAug 2, 2022

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