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The CCI unconditionally approved Ancat’s acquisition of 29.06% shareholding in PUMA under Section 31(1) of the Competition Act, 2002 (‘Act’). The proposed combination would lead to Ancat increasing its shareholding in PUMA from 2.9% to around 32% (although post the completion of the proposed combination, Ancat’s shareholding in PUMA will be reduced to less than 30%).

The United Kingdom Home Office has announced a number of changes to its Immigration Rules, which will come into effect on July 22, 2025.