Two more combinations have been approved by the Competition Commission of India on May 8, 2012.
The first order is in the case of acquisition of 26% share capital of Reliance Capital Asset Management Limited by Nippon Life Insurance Company. This is the first approval given by the CCI in a combination involving an asset management company. The order is available here.
The second order is in the case of scheme of amalgamation and arrangement between Reckitt Benckiser Investments India Private Limited, Paras Pharmaceuticals Limited and Halite Personal Care India Private Limited. The order is available here. The order under section 43A condoning the delay in filing of the notice is available here.
Update (May 16, 2012) - A report in the Business Standard on the Nippon - Reliance order is here and one from Moneylife is here.
Update (May 17, 2012) - A report in the Hindu Business Line on the Reckitt Benckiser combination is here.
The first order is in the case of acquisition of 26% share capital of Reliance Capital Asset Management Limited by Nippon Life Insurance Company. This is the first approval given by the CCI in a combination involving an asset management company. The order is available here.
The second order is in the case of scheme of amalgamation and arrangement between Reckitt Benckiser Investments India Private Limited, Paras Pharmaceuticals Limited and Halite Personal Care India Private Limited. The order is available here. The order under section 43A condoning the delay in filing of the notice is available here.
Update (May 16, 2012) - A report in the Business Standard on the Nippon - Reliance order is here and one from Moneylife is here.
Update (May 17, 2012) - A report in the Hindu Business Line on the Reckitt Benckiser combination is here.

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