CCI Approves Daiwa International's Minority Stake in Ambit Wealth

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News18•03-02-2026, 21:15
CCI Approves Daiwa International's Minority Stake in Ambit Wealth
- •The Competition Commission of India (CCI) has approved Daiwa International Holdings' acquisition of a 15.01% minority stake in Ambit Wealth Pvt Ltd.
- •Daiwa International Holdings Inc., a Japanese intermediary management holding company, focuses on investment and financial businesses.
- •Ambit Wealth Pvt Ltd, a subsidiary of Ambit Pvt Ltd, provides wealth management services in India.
- •The deal, valued at USD 32 million, was announced in December 2025 by Ambit Group.
- •Separately, CCI also approved AXDI LDII SPV 1 Ltd's acquisition of a 10.04% shareholding in Aadhar Housing Finance Ltd from BCP Topco VII Pte Ltd (an affiliate of Blackstone).
Why It Matters: CCI clears Daiwa's minority stake in Ambit Wealth and AXDI's shareholding in Aadhar Housing Finance.
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