💨 Abstract
The Competition Commission of India (CCI) has approved Patanjali Foods Limited (PFL)'s acquisition of the Home and Personal Care (HPC) division of Patanjali Ayurved Limited (PAL). The acquisition will allow PFL to diversify its business portfolio and strengthen its position in the home and personal care market, leveraging PAL's established brand in Ayurvedic-based personal care products.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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