Mergers & Acquisitions Mergers & Acquisitions

India clears AGI Greenpac-HNG deal conditionally under doctrine of necessity

By Freny Patel
  • 17 Mar 2023 09:45
  • 17 Mar 2023 09:45
The Indian antitrust authority has approved AGI Greenpac's acquisition of Hindustan National Glass with conditions.
This is the first merger filing approved conditionally by the Competition Commission of India, or CCI, under the doctrine of necessity.

It is not known what conditions have been agreed upon, but the M&A

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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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