CCI approves acquisition of up to 8.79% (approx.) of equity share capital of Pricol Limited by Minda Corporation Limited

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CCI approves acquisition of up to 8.79% (approx.) of equity share capital of Pricol Limited by Minda Corporation Limited

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....CI approves acquisition of up to 8.79% (approx.) of equity share capital of Pricol Limited by Minda Corporation Limited News and Press Release Dated:- 20-2-2024 The Competition Commissio....

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....n of India (CCI) has approved the acquisition of up to 8.79% (approx.) of the equity share capital of Pricol Limited (Pricol/Target) by Minda Corporation Limited (Minda/Acquirer). The Proposed Combin....

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....ation relates to an acquisition of up to 8.79% (approx.) of the equity share capital of Pricol by Minda. The Acquirer is engaged in the business of manufacturing of auto - components parts and caters....

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.... to Original Equipment Manufacturers (OEMs) and Tier-1 in various segments in India. The Target is engaged in the business of manufacturing of automobile components for OEMs, Tier-1 and replacement m....

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....arkets across India and globally. Detailed order of the CCI will follow. News - Press release - PIB....

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CCI approves acquisition of up to 8.79% (approx.) of equity share capital of Pricol Limited by Minda Corporation Limited