Nuvoco Vistas (Nirma group) acquires Emami Cement

The Competition Commission of India approved the acquisition of 100% of Emami Cement Ltd by Nuvoco Vistas Corp Ltd (part of the Nirma group) for an enterprise value of ₹5,500 crore.

“the proposed transaction is very much on, subject to the receipt of approval of CCI and other third parties.”livemint.com

• 3 sources
• livemint.comCCI approves Emami Cement acquisition by Nirma armRidhima SaxenaMay 21, 2020
• cemnet.comCCI approves acquisition of Emami Cement | CemNetMay 22, 2020
• azbpartners.comCCI Approves the Acquisition of Emami Cement Limited by Nuvoco Vistas Corporation Limited - azbAug 31, 2020

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