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India’s CCI Approves Kotak Bank’s Acquisition of Deutsche Bank Retail Business

The Competition Commission of India approved Kotak Mahindra Bank’s proposed acquisition of Deutsche Bank’s retail banking, private banking and wealth management businesses in India. The transaction also includes referral arrangements between the banks.

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The Competition Commission of India (CCI) has approved Kotak Mahindra Bank’s proposed acquisition of Deutsche Bank AG’s retail banking, private banking and wealth management businesses in India.The transaction also includes referral arrangements between the two banks through their respective affili…

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