CCI approves Emami Cement acquisition by Nirma arm1 min read 21 May 2020, 07:54 PM IST
Development comes after Emami received queries on whether the deal was not progressing further in the wake of covid-19 pandemic
The sale of the cement business is part of Emami group’s plan to become debt-free
MUMBAI : The Competition Commission of India (CCI), on Thursday, said it has approved the acquisition of Emami Cement Ltd by Nuvoco Vistas Corp Ltd (part of the Nirma group).
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