new delhi sep 26 british major cdc groups deal to acquire more than 15 per cent stake in india infoline finance ltd iifl has been approved by fair trade regulator cci as part of efforts to expand its nonbanking finance business iifl group in july roped in cdc group under the deal the british government fund would pump in rs 1000 crore for a 15 per cent stake in iifl in a tweet competition commission of india cci said it has approved acquisition of upto 1545 per cent stake in india infoline finance by cdc group plc india infoline finance is a whollyowned subsidiary of iifl holdings while cdc group is owned by the uk government the group provides capital to private sector entrepreneurs in the developing countries meanwhile the regulator has given its nod for two other transactions the swap of chc and ah business between sanofi and boehringer ingelheim international gmbh has been approved cci said in another tweet as per the deal sanofi would acquire boehringer ingelheims global consumer healthcare business in exchange for the sale of its global animal health business to boehringer ingelheim it excludes the consumer healthcare business in mainland china both the companies having presence in india are engaged in the business of healthcare products separately the regulator said it has approved the merger of fmc and technip according to the deal fmc technologies and technip would merge to create an oil services firm the combined company would have an equity value of usd 13 billion as per a release issued by technip in may prj ram mr