Canada's 2nd largest pension fund gets CCI nod to buy 2% in PharmEasy

Canada’s second-largest pension fund CDPQ has received the Competition Commission of India’s (CCI) approval to acquire a 2% stake in PharmEasy. CDPQ had also participated in PharmEasy’s $220 million funding round in November 2019. Last year, PharmEasy had merged with Medlife to create a combined entity that was valued at about $1.2 billion at the time of the transaction.