Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, New Delhi, 30th June, 2026: The Competition Commission of India (CCI) on Tuesday approved German asset manager DWS Group's proposed acquisition of a stake in Nippon Life India AIF Management Ltd (NIAIF).
NIAIF, a subsidiary of Nippon Life India Asset Management Ltd (NAMI), is engaged in alternative asset management and serves as the investment manager and/or sponsor to Alternative Investment Funds (AIFs) registered with the Securities and Exchange Board of India (Sebi).
In a statement, the CCI said it has approved the proposed transaction, clearing the deal under the competition law framework. The financial details of the acquisition were not disclosed.
The regulatory approval marks a key milestone for the transaction, which can now move forward subject to the fulfilment of any remaining customary conditions.