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CCI approves Emami Cement acquisition by Nirma arm
May 21, 2020 | By Livemint.com
business
Development comes after Emami received queries on whether the deal was not progressing further in the wake of covid-19 pandemic.The sale of the cement business is part of Emami group’s plan to become debt-free
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MUMBAI : The Competition Commission of India (CCI), on Thursday, said it has approved the acquisition of Emami Cement Ltd by Nuvoco Vistas Corp Ltd (part of the Nirma group).CCI India approves acquisition of 100% of the total issued and paid up share capital
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