Express Pharma

AGI Greenpac gets CCI approval to acquire Hindustan National Glass & Industries

The acquisition will be done through the corporate insolvency resolution process

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AGI Greenpac has received approval from the Competition Commission of India (CCI) for the proposed acquisition of Hindustan National Glass & Industries through the corporate insolvency resolution process.

As per the latest update, CCI has given its approval to the proposed combination under sub-section (1) of Section 31 of the Competition Act, 2002 vide its letter dated March 15, 2023.

 

The detailed order of CCI is awaited.

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