CCI approves creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd.
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....CI approves creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd.<BR>News and Press Release<BR>Dated:- 27-5-2026<BR><BR>The Competition Commission of India (CCI) has approved the creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd. The Proposed Combination invol....
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....ves Mercuria Energy Group Limited (Mercuria Energy), through its subsidiary Mercuria Energy Netherlands B.V (Mercuria/Acquirer) and Tata International Singapore (Pte) Limited (TISPL) entering into an agreement in respect of formation a joint venture company (Target - to be established) in the Dubai International Financial Centre (DIFC), United Arab Emirates (UAE) (together with the associated....
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.... pre-closing restructuring and transfers, the Proposed Combination). Mercuria is a private limited liability company incorporated in the Netherlands. It, together with its affiliates, is a globally active energy and commodity company. Mercuria's core activities are in the trading of energy products, including crude oil and other petroleum products, as well as biodiesel, natural gas, electr....
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....icity, carbon emission rights, coal, and, to a lesser extent, base metals and petrochemicals. Post closing of the Proposed Combination, the Target, a private company (to be established) in the DIFC, UAE, will operate as a joint venture entity of Mercuria and TISPL. It will be a newly formed commodities trading and investment entity proposed to engage in, inter alia, the trading of commodit....
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....ies, including metals, minerals, agricultural products, and oil and gas products, through its subsidiaries in various jurisdictions including in India. Detailed order of the Commission will follow. ***** NB/ONP =============<BR> News - Press release - PIB....


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