The Competition Commission of India (CCI) has approved the proposed combination involving acquisition of certain shareholding in Nippon Life India AIF Management Limited by DWS Group GmbH & Co. KGaA.

The Proposed Combination envisages acquiring certain shares of the Nippon Life India AIF Management Limited (‘Target’) by DWS Group GmbH & Co. KGaA (‘Acquirer’).

The Acquirer is an asset manager with global reach and offers individuals, institutions, and large corporations access to comprehensive investment solutions and portfolios across various investment disciplines.