CCI approves Tata Steel’s acquisition of Bhushan Power and Steel limited* The CCI by way of order dated August 6, 2018 approved the acquisition of up to 100% of the issued and paid up share capital of Bhushan Power and Steel Limited (‘Target’) by Tata Steel Limited. The Target is currently undergoing insolvency
The Indian Competition Authority approves acquisition of 100% stake in steel and power business by a competing steel business after finding no major concerns during economic analysis (Bhushan Power and Steel / Tata Steel)
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