(CCI) on Tuesday said it has cleared the acquisition of logistic firm Ecom Express by Delhivery and that of SML Isuzu by Mahindra and Mahindra (M&M).Delhivery, an integrated logistics player, will pick up at least 99.44% of the equity and preference shareholding (on a fully diluted basis) of its rival Ecom, according to a statement by the antitrust regulator.

In April, Delhivery had announced the acquisition in an all-cash deal worth Rs 1,407 crore. Ecom provides logistics solutions mainly to the e-commerce industry.

Delhivery provides a broad range of logistics services, including express parcel delivery, heavy goods delivery, full truckload freight, part-truckload freight, warehousing and supply chain services and cross border express services, the regulator said. It operates through a network of domestic and global partners and has made investments in automation, among other things.

As for the acquisition of SML Isuzu by M&M, the regulator said the target is “engaged in the business of manufacture and sale of commercial vehicles”.

M&M had in April declared that it would acquire a 58.96% stake in SML Isuzu for Rs 555 crore. In addition, it will make an open offer in accordance with capital markets regulator Sebi’s takeover regulations.