https://www.taxtmi.com/news?id=22890 CCI approved the acquisition of Metso's minerals business by Outotec under Section 31(1), effected by a partial demerger under the Finnish Companies Act; Metso shareholders receive newly issued Outotec shares and will hold the majority in the combined entity to be named Metso Outotec, while Metso's flow control business will continue independently as Neles. The approval is subject to modifications proposed by the parties under Regulation 25(1A), and the Commission noted the parties' respective Indian subsidiaries and business lines relevant to competition assessment. en-us Thu, 18 Jun 2020 18:56:19 +0530 Thu, 18 Jun 2020 18:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22890 CCI approved the acquisition of Metso's minerals business by Outotec under Section 31(1), effected by a partial demerger under the Finnish Companies Act; Metso shareholders receive newly issued Outotec shares and will hold the majority in the combined entity to be named Metso Outotec, while Metso's flow control business will continue independently as Neles. The approval is subject to modifications proposed by the parties under Regulation 25(1A), and the Commission noted the parties' respective Indian subsidiaries and business lines relevant to competition assessment. News - Thu, 18 Jun 2020 18:56:19 +0530 https://www.taxtmi.com/news?id=22890