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 the proposed combination

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