anti-competitive agreements Current Affairs, GK & News

Amazon-Witzig bid to acquire Birla's retail store chain gets CCI node

January 19, 2019

The Competition Commission of India has approved the deal wherein Samara Capital-backed Witzig Advisory Services and Amazon will acquire Aditya Birla Retail Ltd, which operates a supermarket store chain ‘more’. As per the deal, 99.99 per cent of the equity share capital of Aditya Birla Retail would be acquired by Witzig and 49 per cent ..

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