Competition Commission has provided its approval to five merger and acquisition transactions that includes Edelweiss’s purchase of mutual fund business of JP Morgan in India.

CCI has provided its approval to Edelweiss’ purchase of JP Morgan’s Indian mutual fund business, Yokohama Rubber’s acquisition off-highway-tyre manufacture Alliance Tire Group (ATG), and AkzoNoble buying industrial coatings business of BASF SE are among the deals that have received green signal from CCI.

The merger of Dr Wolfgang Porsche Holding GmbH and Ferdinand Porsche Familien-Holding GmbH, and acquisition of Lanxess India pigment dispersion business by Clariant Chemical (India).

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