CCI nod for acquisition of 2 HUL rice brands

CCI has approved acquisition of two rice brands of Hindustan Unilever by LT foods, the owners of Daawar brand.

NEW DELHI: The Competition Commission of India ( CCI) has approved acquisition of two rice brands of Hindustan Unilever by LT foods, the owners of Daawar brand.

The competition watchdog gave its nod to the acquisition on Tuesday.

The acquisition includes two iconic brands--Gold Seal Indus Valley and Rozana--which have been in business for some decades.

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