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India: CCI clears Mitsubishi Chemicals-Chatterjee group deal

 |  November 2, 2016

The Competition Commission has approved the proposed acquisition of controlling stake in Mitsubishi Chemicals Corporation PTA India by Kolkata- based The Chatterjee Group.

MCC PTA India is a subsidiary of Tokyo-based Mitsubishi Chemicals.

In a tweet, the Competition Commission of India said it has approved “acquisition of shares of MCC PTA India by The Chatterjee Group from Mitsubishi Chemicals Corp”.

Full Content: Economic Times

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