India: Nuvoco Vistas has received approval from the Competition Commission of India for its 100% acquisition of Emami Cement from Emami Group. Reuters has reported that the acquisition, through which Nuvoco Vistas enters the Bihar and Odisha markets, brings its installed cement production capacity to 23.5Mt/yr.
Competition Commission of India approves Nuvoco Vistas’ Emami Cement acquisition
URL: https://www.globalcement.com/news/item/10877-competition-commission-of-india-approves-nuvoco-vistas-emami-cement-acquisition
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