New Delhi, The Competition Commission of India on Tuesday cleared a multi-layered restructuring transaction involving Curefit Healthcare, Cultfit Healthcare , Curefit Services, and Fitness First Luxembourg SCA, according to a release.

Curefit Healthcare is involved in the development of suitable IT-enabled technologies and intellectual property in the fitness and healthcare sector.

"The proposed combination includes the demerger of the business of servicing memberships under the CultPass Elite and CultPass Pro offerings of Cultfit and the business of CultPass Elite and CultPass Pro membership subscription of Curefit Services with and into Curefit Healthcare," the regulator said in a release.

Cultfit and Curefit Services are subsidiaries of Curefit Healthcare. Cultfit is into the bus

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