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The Economic Times
The Economic Times

CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stake

CCI Fairfax X Go Digit General Insurance Insurance Commission Competition Commission of India Oaktree India BAM

Competition Commission of India (CCI) on Tuesday approved the proposed amalgamation of Go Digit Infoworks Services Pvt Ltd, the holding company of Go Digit General Insurance, with the insurer.

Under the proposed transaction, Go Digit Infoworks Services will be merged into Go Digit General Insurance Ltd (GDGIL), which will remain the surviving entity, the competition watchdog said in a release.

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