CCI clears merger of multiple hotel entities into InterGlobe Hotels
The Competition Commission of India has approved the merger of AAPC India Hotel Management, Caddie Hotels, Triguna Hospitality Ventures and other hospitality entities into InterGlobe Hotels, the Bhatia Group-Accor joint venture.
CCI approved the merger of AAPC India Hotel Management, Caddie Hotels, Triguna Hospitality Ventures and other hospitality entities into InterGlobe Hotels, the Bhatia Group-Accor joint venture.
Why this matters
The approval follows recent signals on CCI clearing hospitality-entity and six-entity mergers into InterGlobe Hotels, reinforcing a consolidation pattern around the Bhatia Group-Accor venture.
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