CCI approves the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited (Target) by Jongsong Investments Pte. Ltd. (Acquirer)

The Competition Commission of India (CCI) has approved a significant acquisition in the Indian packaged food sector.

Jongsong Investments Pte. Ltd., a subsidiary of Singapore's Temasek Holdings, is acquiring a stake in Haldiram Snacks Food Private Limited. This highlights foreign investment dynamics and the regulatory role of the CCI.