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Delhivery, Ecom Express seek Indian merger clearance under Form II

By Freny Patel ( April 21, 2025, 00:11 GMT | Insight) -- Integrated logistics company Delhivery has proposed acquiring a controlling stake in e-commerce logistics specialist Ecom Express for $168 million, and has sought approval from the Indian antitrust watchdog under a Form II merger filing. Athough the parties acknowledged horizontal overlaps and vertical relationships, they told the Competition Commission of India that the acquisition would not harm competition and that it aligns with the need for enhanced logistics efficiency, ultimately improving customer service through continued investments.Integrated logistics company Delhivery proposes to acquire a controlling stake in Ecom Express, a logistics company specializing in the Indian e-commerce sector....

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