The Competition Commission of India (CCI) has reportedly approved the acquisition of shareholding in SNV Aviation Private Limited or Akasa Air. Approval for the acquisition of stakes were received for the PI Opportunities Fund-I Scheme-II (PIOF), certain executives of the PIOF, Claypond Capital Partners Private Limited (Claypond), and 360 ONE Private Equity Fund (360 Fund), through various schemes and affiliates.
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