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CCI clears Cyient’s proposal to acquire full stake in TAO Digital Solutions

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Sig2.80Sen+2.40Env0.00Soc0.00Gov+1.00

The Competition Commission of India cleared Cyient Inc’s proposal for Cyient Ltd to buy 100% of TAO Digital Solutions Inc’s share capital from existing shareholders. The regulator also separately approved Yancoal Australia’s acquisition of Kestrel Coal Group Pty Ltd. Cyient provides engineering and technology services across sectors including aerospace, automotive, healthcare and energy.

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