Mergers & Acquisitions Mergers & Acquisitions

India's Burman family faces gun-jumping probe over Religare Enterprises acquisition, despite approval

By Freny Patel
  • 14 May 2024 05:51
  • 14 May 2024 05:51
India’s Burman family is under investigation for gun-jumping, despite recently receiving approval from the antitrust watchdog to acquire an additional 5.27 percent stake in financial-services company Religare Enterprises, MLex has learned.
The family, which owns Dabur, is facing the probe over its acquisition of a stake in Religare Enterprises before

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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