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
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.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門戶網站上發佈。
印度競爭監管機構已批准Real Trustee Advisory Company和Volrado的所有基金類型收購WeWork India。這是繼週二CCI允許WeWork退出其印度組織後的一個決定。
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.
發生了什麼事: CCI已批准Real Trustee Advisory Company Private Limited（Real Trustee）和Volrado Venture Partners Fund II和III（Volorado Ventures）收購WeWork India Management Private Limited的一定股權，以及其他獨立的共同收購者，根據印度新聞局的報道。
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將從WeWork的母公司Embassy Buildcon收購WeWork India的一定股權。此後，Embassy Buildcon將從WeWork International Limited收購Ariel Way Tenant Limited（OAW）的100%股權，從而通過OAW間接持有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的受託人，這是另類投資基金。印度有限責任合夥企業Embassy Buildcon從事房地產開發。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爲企業提供靈活的工作空間和數字房地產工作場所解決方案。WeWork Inc持有印度部門27.5%的股份。
譯文內容由第三人軟體翻譯。
