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SinoChem, ChemChina merger cleared in India

( November 13, 2020, 07:35 GMT | Official Statement) -- MLex Summary: The Competition Commission of India said it had approved the merger of Chinese state-owned chemicals businesses Sinochem Group Company and China National Chemical Corporation and the creation of a new holding company. The parties made their merger notification at the end of September on the more detailed Form II, typically used for contentious applications, and the CCI approved it in seven weeks. The statement follows....

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