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  • Connect
Sep 12, 2023

Represented Tata Sons Pvt. Ltd., Air India Ltd. and Tata SIA Airlines Ltd. (Vistara) in securing CCI’s approval for the merger of Vistara into Air India, and acquisition of 25.1% stake by Singapore Airlines Ltd. in Air India.

AZB & Partners represented Tata Sons Pvt. Ltd., Air India Ltd. and Tata SIA Airlines Ltd. (Vistara) in securing CCI’s approval for the merger of Vistara into Air India, and acquisition of 25.1% stake by Singapore Airlines Ltd. in Air India. AZB conducted and presented to the CCI detailed antitrust analysis on this deal which involved complex facts and circumstances. This helped our client secured the antitrust regulator’s approval in Phase – 1. This is one of the biggest transaction in Indian aviation and is a critical milestone in the transformation journey of Air India and Tata Group’s long term aim to make it a world class airline.

The competition law team on this deal was led by our Partner, Gaurav Bansal, comprising of Senior Associates, Shivam Jha, Vayshnavi Ganesh and Shruti Rao; and Associates, Shivangi Pradhan and Shaurya Kumar.

Special thanks to Zia Mody for guiding through critical and strategic issues.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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