The Indian Competition Authority clears a takeover of two insolvent competitors in the market for steel by a foreign investment firm (Uttam Galva Metallics / Uttam Value Steel / Nithia)

CCI approves acquisition of 100% paid up share capital of UGML and UVSL by Carval Funds and Nithia* By way of order dated 3.06.2019, CCI has approved the acquisition of 100% of the total issued and paid up

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  • Vaish Associates Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Indian Competition Authority clears a takeover of two insolvent competitors in the market for steel by a foreign investment firm (Uttam Galva Metallics / Uttam Value Steel / Nithia), 3 June 2019, e-Competitions June 2019, Art. N° 93266

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