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MERITOR ACQUISITION
Meritor acquisition: CCI levies Rs 10 lakh penalty on CumminsThe Competition Commission of India (CCI) has levied a penalty of Rs 10 lakh on Cummins for failing to notify the regulator about the acqui...- Reliance Retail gets CCI nod to acquire Metro Cash and CarryCCI on Wednesday also approved the acquisition of equity share capital of L&T Infrastructure Development Projects by Epic Concesiones. It a...
- Cummins-Meritor deal gets Competition Commission nodIn February last year, Cummins signed definitive agreements to acquire Meritor. Cummins is a global power leader that designs, manufactures...
- Sona Group promoters pick up Mahindra’s stake in JV for Rs 120 croreSona Group promoters raise structured loan from Avendus Capital to fund MSL stake purchase.
- Acquiring purely on emotion is not sound business senseRecently, there has been a spurt in mergers & acquisitions (M&As) of foreign companies by Indian entities.
- Tatas see synergy in TRF acquisition of Singapore firmIt is the first time in about five years that the Tata group has approved a diversified structure for one of its subsidiaries.
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