CCI approves Renault’s acquisition of Nissan stake in Renault Nissan automotive India

On July 29, the Competition Commission of India (CCI) approved the proposed acquisition of certain shareholding in Renault Nissan Automotive India Private Limited by Renault Group B.V. and Renault S.A.S. The transaction involves the purchase of equity shares and fully paid-up zero-coupon non-convertible redeemable pr....

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