CCI Approves Vedanta's Acquisition of Jaiprakash Associates
The Competition Commission of India has approved Vedanta Limited's acquisition of Jaiprakash Associates Limited as part of a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. Vedanta, a public company involved in natural resources and energy, will acquire JAL, which operates in various sectors including infrastructure and real estate. A detailed order from the Commission will follow.
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