ACQUISITIONS AND MERGERS

Acquisitions and Mergers questions typically test the acquiring and target companies, the deal value, and the regulatory body that granted approval.

RBI Clears Emirates NBD's Majority Stake in RBL Bank

• The Dubai-based lender can acquire up to 74 percent of RBL Bank's paid-up capital, subject to holding at least a 51 percent controlling stake.
• Despite majority ownership, its voting rights remain capped at 26 percent under banking law.
• The deal makes RBL Bank a foreign-bank subsidiary while it continues domestic operations under Indian regulation.

About RBL Bank: Formerly Ratnakar Bank Limited • Founded 1943 • HQ: Mumbai • MD & CEO: R. Subramaniakumar.

CCI Approves Stake Sale in Aditya Birla Housing Finance

• Advent International-backed Indriya Limited will acquire a 14.286 percent stake through a ₹2,750 crore capital infusion.
• The transaction was structured as a preferential allotment of equity on a private-placement basis.
• The infusion strengthens the housing-finance subsidiary's capital base for future growth.

About CCI: Founded 14 October 2003 • HQ: New Delhi • Chairperson: Ravneet Kaur • Enforces the Competition Act, 2002.

Amazon to Acquire Globalstar in $11.57 Billion Satellite Deal

• The acquisition strengthens Amazon's ambitions in low-Earth-orbit satellite internet services.
• It positions the company to compete more directly with SpaceX's Starlink network.
• Amazon plans to grow its satellite constellation to around 3,200 units by 2029.

Blue Origin's New Glenn Mission Fails to Reach Orbit

• The failure occurred during a second-stage engine burn carrying the AST SpaceMobile BlueBird 7 satellite.
• The mission aimed to expand space-based cellular connectivity infrastructure.
• It marked a setback for Blue Origin's push into the commercial satellite-launch market.

⚡ QUICK REVISION — ACQUISITIONS AND MERGERS

• Emirates NBD cleared to acquire up to 74% of RBL Bank
• Amazon to acquire Globalstar for $11.57 billion to expand satellite internet
• CCI clears Indriya's 14.286% stake buy in Aditya Birla Housing Finance