India: The Competition Commission of India (CCI) has approved the 100% acquisition of Jaiprakash Associates by Dalmia Cement (Bharat). The transaction is part of a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code 2016.
Dalmia Cement (Bharat) is a wholly owned subsidiary of Dalmia Bharat, the ultimate parent of the Dalmia Bharat Group.
