💨 Abstract
The Competition Commission of India (CCI) has approved Ashoka Buildcon's proposal to acquire the remaining 34% stake in Ashoka Concessions Ltd (ACL), making ACL a wholly-owned subsidiary. The acquisition involves Ashoka Buildcon, its subsidiary Viva Highways, and certain investors. ACL, an infrastructure arm of the Ashoka Group, operates road assets in India.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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