Reliance's acquisition of Metro Cash & Carry receives India merger clearance
( March 15, 2023, 05:08 GMT | Official Statement) -- MLex Summary: Reliance Retail Venture’s acquisition of the German food wholesaler Metro Cash & Carry's Indian operations received approval from the Competition Commission of India, the regulator said in a statement. The Reliance group company signed agreements to acquire Metro Cash and Carry India for 28.5 billion rupee ($356 million) in December 2022.The Competition Commission of India's statement follows:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.