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India: US-based FMC proposed acquisition of Denmark’s agrochemical firm Auriga approved

By  |  February 16, 2015

Fair trade regulator CCI has approved US-based FMC Corporation’s proposed acquisition of Denmark’s agrochemical firm Auriga Industries’ arm, saying the deal will not cause anti-competitive concerns in the market.

Under the proposed deal, FMC would purchase, either directly or through a wholly-owned subsidiary, the entire issued and outstanding share capital a subsidiary of Auriga.

In an order today, the Competition Commission of India (CCI) said that the the proposed deal “is not likely to have an appreciable adverse effect on competition in India”.

Full Content: The Economic Times

 

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