CCI approves acquisition of Assets of Essar Group by ArcelorMittal Nippon Steel India Limited https://www.taxtmi.com/news?id=25829 The Competition Commission of India approved AMNS's acquisition of specified Essar Group assets comprising Power Assets (EPHL and GHTL), Port Assets (HCTL, EBTL, EBTPL, EVTL, IATPL) and other corporate assets (SWAPL, BSL). The assets include captive generation and transmission facilities adjacent to AMNS, licensed and concessioned port terminals with stated capacities and mechanised handling, and holding companies/special-purpose entities; several assets are used by the acquirer for captive purposes. A detailed CCI order will follow. en-us Thu, 29 Sep 2022 17:33:41 +0530 Thu, 29 Sep 2022 17:33:41 +0530 TaxTMI RSS Generator CCI approves acquisition of Assets of Essar Group by ArcelorMittal Nippon Steel India Limited https://www.taxtmi.com/news?id=25829 The Competition Commission of India approved AMNS's acquisition of specified Essar Group assets comprising Power Assets (EPHL and GHTL), Port Assets (HCTL, EBTL, EBTPL, EVTL, IATPL) and other corporate assets (SWAPL, BSL). The assets include captive generation and transmission facilities adjacent to AMNS, licensed and concessioned port terminals with stated capacities and mechanised handling, and holding companies/special-purpose entities; several assets are used by the acquirer for captive purposes. A detailed CCI order will follow. News - Thu, 29 Sep 2022 17:33:41 +0530 https://www.taxtmi.com/news?id=25829