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News Competition Commission of India to take more time to decide on LafargeHolcim merger

Competition Commission of India to take more time to decide on LafargeHolcim merger

Written by Global Cement staff 24 November 2014
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India: The Competition Commission of India (CCI) has said that the LafargeHolcim merger is likely to have an adverse effect on the competition in the cement industry. The anti-trust regulator has asked the two companies to publish details of the deal on their websites as well as publish them in four leading daily newspapers. It has also sought comments or objections from the public within 15 days of the merger details being published. CCI chairman Ashok Chawla has said that the CCI would take around two months to decide on the deal.

Last modified on 26 November 2014
Published in Global Cement News
Tagged under
  • India
  • The Competition Commission of India
  • CCI
  • LafargeHolcim
  • GCW178

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