CCI approves acquisition of 100% shareholding of Ingram Micro Inc by Imola Acquisition Corporation

CCI approves acquisition of 100% shareholding of Ingram Micro Inc by Imola Acquisition Corporation
May 10, 2021
Imola is a newly incorporated entity belonging to Platinum Equity Group
The Competition Commission of India (CCI) has approved the proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc. by Imola Acquisition Corporation.
The proposed combination concerns the proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc. together with its parent companies (i) GCL Investment Management Inc. and GCL Investment Holding Inc. and (ii) its direct and indirect subsidiaries (collectively referred to as Ingram Micro), an official release said.

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