CCI nod for Vedanta’s bid to acquire Jaiprakash Associates
BusinessLine·2025-10-15 09:52
Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta's proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. Apart from Vedanta, the proposals of Naveen Jindal-led Jindal Power, PNC Infratech, Adani Group and Dalmia Bharat for JAL acquisition have been cleared by the regulator.Also read "The proposed combination envisages acquisition of Jaiprakash Associates Ltd (JAL) by Vedanta Ltd (acquirer) p ...