CCI clears JM Financial's 43% stake buy in JM Fin Credit Solutions
The Competition Commission of India approved JM Financial's acquisition of a 43% stake in JM Financial Credit Solutions Ltd and 71.79% stake in JM Financial Asset Reconstruction Company Ltd. These moves aim to consolidate wholesale debt syndication and distressed credit businesses under a single platform, leveraging JM Financial Group's expertise for higher risk-adjusted returns.
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The Competition Commission of India approved JM Financial's acquisition of a 43% stake in JM Financial Credit Solutions Ltd and 71.79% stake in JM Financial Asset Reconstruction Company Ltd. These moves aim to consolidate wholesale debt syndication and distressed credit businesses under a single platform, leveraging JM Financial Group's expertise for higher risk-adjusted returns. 
