First Form II Merger Notification Approved in India News Feed

Location: India

 January 14—On January 11, 2013, the Competition Commission of India approved its first Form II filing. Nathan India assisted with the filing by conducting the detailed and complex economic analysis and impact assessment required by Form II. On November 1, 2012, Amarchand Mangaldas Mumbai filed the merger notification regarding GSPC Distribution Network’s acquisition of a 65.12 percent stake in Gujarat Gas Company Limited from British Gas. CCI approval took only 26 days even though it was the commission’s first such approval and its first evaluation of a natural monopoly.  

 Read the details in Bar&Bench magazine

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