Mergers & Acquisitions Mergers & Acquisitions

Aditya Birla Group subsidiary downplays Indian overlaps in Aditya Marketing acquisition

By Freny Patel
  • 15 Jul 2022 07:09
  • 15 Jul 2022 07:09
An Aditya Birla Group subsidiary has reaffirmed that its acquisition of Aditya Marketing and Manufacturing wouldn’t cause an appreciable adverse effect on competition, stating in its revised merger filing with the Indian antitrust watchdog that the overlaps were “merely notional.”
In the revised merger filing, Umang Commercial Company said that

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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