The Indian Competition Authority clears a merger of two companies overlapping in some mortgage markets but with small market share of the resulting company (Indiabulls Housing Finance / Indiabulls Commercial Credit)

CCI approves merger of Indiabulls Housing Finance Limited and Indiabulls Commercial Credit Limited into Lakshmi Vilas Bank Limited* CCI, by way of order dated 20.06.2019, has approved the merger of Indiabulls Housing Finance Limited (“IHFL”) and Indiabulls Commercial Credit Limited (“ICCL”) into Lakshmi Vilas Bank Limited (“LVB”) and the

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  • Vaish Associates Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Indian Competition Authority clears a merger of two companies overlapping in some mortgage markets but with small market share of the resulting company (Indiabulls Housing Finance / Indiabulls Commercial Credit), 20 June 2019, e-Competitions June 2019, Art. N° 93268

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