Wednesday, October 30, 2019

CCI approves Acquisition of Shareholding in OLA by Hyundai Motor Company and Kia Motors

The Competition Commission of India ( CCI ) has approved the acquisition of shareholding in ANI Technologies Private Limited (ANI) and Ola Electric Mobility Private Limited (OEM) by Hyundai Motor Company (HMC) and Kia Motors Corporation (KMC), under Section 31(1) of the Competition Act, 2002. The Proposed Combination relates to acquisition of equity stake in […]

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from Taxscan | Simplifying Tax Laws https://ift.tt/324mfZE

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