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HomeNewsTechnologyCompetition Commission clears Indovida India-EPL merger proposal

Competition Commission clears Indovida India-EPL merger proposal

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Competition Commission clears Indovida India-EPL merger proposal

New Delhi, May 26 (PTI) The Competition Commission of India (CCI) on Tuesday approved the proposed merger of Indovida India Pvt Ltd with EPL Ltd. In March this year, EPL Ltd and Indovida India Pvt Ltd announced a merger deal to form an entity with a combined valuation of USD 2 billion. "The proposed combination entails the merger of Indovida…

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