<h1>CCI Approves Merger of Mangalore Chemicals with Paradeep Phosphates and Share Acquisition by Zuari Maroc Phosphates.</h1> The Competition Commission of India has approved the amalgamation of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Limited and the acquisition of equity shares of Mangalore Chemicals & Fertilizers by Zuari Maroc Phosphates Private Limited. Both companies are part of the Adventz group, with Paradeep Phosphates primarily producing complex phosphatic fertilizers. Zuari Maroc Phosphates, a joint venture between Zuari Agro Chemicals and OCP S.A., currently holds a majority stake in Paradeep Phosphates and will acquire additional shares in Mangalore Chemicals. The detailed order from the CCI is forthcoming.