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AGI Greenpac refiles Indian application to acquire debt-ridden Hindustan National Glass

By Freny Patel ( November 11, 2022, 01:44 GMT | Insight) -- AGI Greenpac has refiled its merger clearance in India for its proposed acquisition of debt-ridden Hindustan National Glass, which is facing bankruptcy proceedings. The new filing to the Competition Commission of India follows the regulator’s decision to invalidate AGI’s initial application and request that the company refile under “Form II” to account for market overlaps. Delays in merger clearances are now expected, as the CCI awaits the government appointment of a new chairperson.AGI Greenpac has refiled its merger clearance in India for its proposed acquisition of debt-ridden Hindustan National Glass, which is facing bankruptcy proceedings....

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