The Indian Competition Authority unconditionally approves acquisition of 49.86% stake in gas company by investors who already have 50% stake (Gujarat State Petroleum / Gujarat State Petronet / Bharat Petroleum / SBL Sabarmati Gas)

CCI approves acquisition of 49.86% stake in Sabarmati Gas Limited (SGL) by PSU petroleum companies* CCI, by its order dated February 10, 2016, has approved acquisition of 49.86% stake in SGL by Gujarat State Petroleum Corporation

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Indian Competition Authority unconditionally approves acquisition of 49.86% stake in gas company by investors who already have 50% stake (Gujarat State Petroleum / Gujarat State Petronet / Bharat Petroleum / SBL Sabarmati Gas), 10 February 2016, e-Competitions Bulletin Energy & Mergers, Art. N° 87733

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