Competition Commission of India Approves Grasim, Indorama Deal

Competition Commission of India (CCI) has cleared the proposed acquisition of Indo Gulf Fertilizers by Indorama India Private Ltd (IIPL). Indo Gulf Fertilizers is a part of Grasim Industries Ltd (GIL). Indorama will acquire the business as a going concern on a slump sale basis, as per a notice filed with the watchdog. “Commission approves … Read more