InterGlobe Enterprises Private Limited and AAPC India Hotel Management Private Limited (Accor) have secured the unconditional approval of the Competition Commission of India (CCI) for the merger of AAPC India Hotel Management, Caddie Hotels, Triguna Hospitality Ventures, and certain other group entities with and into InterGlobe Hotels.
JSA Advocates & Solicitors secured the CCI approval for this merger. The Firm advised the parties throughout the merger control process before the CCI, including on transaction structuring, merger control strategy, notification and competition law assessment.
The JSA team was led by Vaibhav Choukse (Partner), with support from Ela Bali (Partner), Aditi Khanna (Principal Associate), Faiz Siddiqui (Senior Associate), Priyanshi Jain (Associate) and Yaatri Shah (Junior Associate).
InterGlobe is one of India's leading business conglomerates, with interests spanning aviation, hospitality, travel, logistics, and technology.
Accor is a leading global hospitality group with a portfolio of brands in India, including Novotel, ibis, Pullman, Mercure, Sofitel, Hoxton, Mama Shelter, Fairmont, and Raffles.
The transaction aims at combining Accor's hotel management and brand platform with InterGlobe's hotel ownership and development business to create an integrated platform for the development, ownership, management, and expansion of Accor-branded hotels in India.
If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.