New Delhi | Fair trade regulator CCI on Tuesday cleared Bentley Asia Holdings II Pte Ltd's proposal to acquire an additional stake in Baby Memorial Hospital.

Baby Memorial Hospital Ltd (BMH) is a multispecialty healthcare network operating several hospitals across various cities in India.

"The proposed combination is envisaged as the acquisition of certain additional shareholding in BMH by Bentley," the Competition Commission of India (CCI) said in a release.

Bentley Asia Holdings II Pte Ltd (Bentley) is a private company limited, incorporated under the laws of Singapore.

The competition watchdog also approved the subsequent acquisition by BMH of certain shareholding in Unimed Health Care Pvt Ltd (Unimed) by way of a secondary purchase.

"Commission approves acquisition of (i) certain shareholding in Baby Memorial Hospital by Bentley Asia Holdings II Pte. Ltd; and (ii) the acquisition by BMH of certain shareholding in Unimed Health Care Private Limited," the regulator said in a post on X.

Unimed operates two multispecialty hospitals in Hyderabad under the brand name Star Hospitals. It provides a wide range of medical and surgical services, including cardiology, neurology, orthopaedics, emergency and critical care.

The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.