WeWork Gets Indian Competition Watchdog's Nod To Exit Unit, Venture Fund To Acquire Stake
WeWork Gets Indian Competition Watchdog's Nod To Exit Unit, Venture Fund To Acquire Stake
This story was first published on the Benzinga India portal.
India's competition watchdog has approved the acquisition of WeWork India by Real Trustee Advisory Company and Volrado's funds. This comes after the CCI permitted WeWork to exit from its India unit on Tuesday.
本故事最初在印度本辛加门户网站上发布。
印度竞争监管机构已批准Real Trustee Advisory Company和Volrado的所有基金类型收购WeWork India。这是继周二CCI允许WeWork退出其印度组织后的一个决定。
What Happened: The CCI has sanctioned the acquisition of certain share capital of WeWork India Management Private Limited (WeWork India) by Real Trustee Advisory Company Private Limited (Real Trustee) and Volrado Venture Partners Fund II and III (Volorado Ventures), along with other independent co-acquirers, according to the Press Information Bureau.
发生了什么事: CCI已批准Real Trustee Advisory Company Private Limited（Real Trustee）和Volrado Venture Partners Fund II和III（Volorado Ventures）收购WeWork India Management Private Limited的一定股权，以及其他独立的共同收购者，根据印度新闻局的报道。
Initially, certain share capital of WeWork India will be acquired by Real Trustee and Volrado Ventures from Embassy Buildcon, WeWork's parent. Following this, Embassy Buildcon will acquire 100% share capital of Ariel Way Tenant Limited (OAW) from WeWork International Limited, thereby indirectly holding the share capital of WeWork India through OAW.
最初，Real Trustee和Volrado Ventures将从WeWork的母公司Embassy Buildcon收购WeWork India的一定股权。此后，Embassy Buildcon将从WeWork International Limited收购Ariel Way Tenant Limited（OAW）的100%股权，从而通过OAW间接持有WeWork India的股本。
Real Trustee is the trustee of Volrado Ventures, which are alternative investment funds. Embassy Buildcon, an Indian limited liability partnership, is involved in real estate development. OAW holds the shares of WeWork India on behalf of WeWork International.
Real Trustee是Volrado Ventures的受托人，这是另类投资基金。印度有限责任合伙企业Embassy Buildcon从事房地产开发。OAW代表WeWork International持有WeWork India的股份。
WeWork India offers flexible workspaces and digital real estate workplace solutions for companies. WeWork Inc had 27.5% stake in the Indian unit.
WeWork India为企业提供灵活的工作空间和数字房地产工作场所解决方案。WeWork Inc持有印度部门27.5%的股份。