CCI clears ALSTOM merger in record 7 days Amarchand represents ALSTOMOctober 25 2011
Amarchand Mangaldas has represented ALSTOM Holdings India Ltd (AHIL) and ALSTOM Projects India Limited (APIL) in obtaining merger control clearance from the Competition Commission of India (CCI) in relation to the proposed combination wherein AHIL will merge into APIL pursuant to implementation of scheme of amalgamation.
Amarchand filed a joint notice before CCI on October 12, 2011 and obtained a clearance from CCI within 7 days of filing its application.
The CCI in its 3 page order has said “It is observed that both AHIL and APIL are engaged in different business activities. It is also observed that both AHIL . . .
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