CCI Approves Acquisition of Owens-Corning India
The Competition Commission of India has approved the acquisition of the entire shareholding of IPM Inc. and OC NL Invest Cooperatief U.A. in Owens-Corning (India) Pvt. Ltd. by Triumph Composites Pvt. Ltd. and Quartz Fibre Private Limited. This acquisition is part of a global transaction involving the sale of Owens Corning’s glass fibre reinforcement business, which includes various glass fibre products such as chopped strand mat and woven rovings.
Source: Original Link