AZB does CCI approval of Platinum Equity’s US mega buy into Ingram Micro IT logistics

The Competition Commission of India (CCI) has approved proposed acquisition of 100 per cent shareholding and sole control of Ingram Micro Inc by Imola Acquisition Corporation. The proposed combination relates to acquisition of Ingram together with its parent companies GCL Investment Management Inc and GCL Investment Holding Inc besides its direct and indirect subsidiaries.

AZB & Partners advised Imola led by a team of partners Samir Gandhi and Aditi Gopalakrishnan, senior associate Toshit Shandilya.

2021-05-07

Primary jurisdiction of deal: US

Deal value: INR 53000 crores approximately (USD 7.2 billion)

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