The proposed combination envisages:
(a) acquisition of majority shareholding of Indira IVF Hospital Private Limited (Indira IVF) by Zonnebaars Netherlands B.V. (Acquirer/Zonnebaars); and
(b) amalgamation of Spaceway Wellness Private Limited (Spaceway) with and into Indira IVF.
Zonnebaars is a part of the EQT group of investment funds, which together with its subsidiaries and funds is a global investment organisation. Indira IVF is primarily engaged in the provision of fertility and in vitro fertilization treatment through its hospitals/centers across India. Spaceway is one of the promoters of Indira IVF. Detailed order of the Commission will follow.
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