The Competition Commission of India (CCI) has approved the acquisition of certain warrants of Federal Bank Limited by Asia II Topco XIII Pte. Ltd. This acquisition gives Asia II Topco XIII Pte. Ltd. (Acquirer) the right to subscribe to fully paid-up equity shares of Federal Bank Limited (Target). Upon full exercise of the warrants, the Acquirer will hold 9.99% of the paid-up share capital of the Target. The Acquirer can nominate a director on the Target’s board as long as it holds at least 5% of the Target’s paid-up share capital. The Acquirer is controlled by funds advised and/or managed by affiliates of Blackstone Inc. Federal Bank Limited is a private sector commercial bank in India. The detailed order of the Commission will follow. The press release ID is 2207901. The visitor count is 471. Date of entry is 23 DEC 2025, 8:18 PM by PIB Delhi.
Key Entities Referenced
Competition Commission of India: The regulator that approved the acquisition of warrants.
Federal Bank Limited: The target company whose warrants are being acquired.
Asia II Topco XIII Pte. Ltd.: The acquiring company.
Competition Commission of India
CCI has approved acquisition of certain warrants
of Federal Bank Limited by Asia II Topco XIII Pte.
Ltd.
प्रव तथ: 23 DEC 2025 8:18PM by PIB Delhi
Competition Commission of India has approved the acquisition of certain warrants of Federal Bank
Limited by Asia II Topco XIII Pte. Ltd.
The proposed combination envisages acquisition of certain warrants by Asia II Topco XIII Pte. Ltd.
(Acquirer), each carrying a right to subscribe to one fully paid-up equity share of Federal Bank Limited
(Target).
Upon full exercise of the warrants, the Acquirer will hold 9.99% of the paid-up share capital of the Target,
on a fully diluted basis. The Acquirer will have the right to nominate a director on the Target’s board (as
long as the Acquirer holds at least 5% of the paid-up share capital of the Target).
The Acquirer is controlled by funds advised and / or managed by affiliates of Blackstone Inc.
The Target is a private sector commercial bank in India and offers a wide range of products and services,
such as deposits, loans, payment services, etc.
Detailed order of the Commission will follow.
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NB/ONP
(रलीज़ आईडी: 2207901) आगंतुक पटल : 471
इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही