CCI approves Go Digit General Insurance merger, Fairfax group gains majority stake

The Competition Commission of India (CCI) approved the amalgamation of Go Digit Infoworks Services Pvt Ltd with Go Digit General Insurance Ltd, with the insurer remaining as the surviving entity. Following the transaction, FAL Corporation, part of the Canada‑based Fairfax Group led by billionaire Prem Watsa, will hold a 57.28% stake in Go Digit General Insurance.

In the same regulatory clearing, CCI also gave its consent to Brookfield Asset Management Ltd’s acquisition of units from Oaktree Capital Group Holdings, LP and Oaktree Equity Plan, LP, bringing the US‑controlled Brookfield group into the deal.