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Stock exchange-listed PCBL Ltd announced the acquisition of Aquapharm Chemicals Pvt Ltd last November for Rs 3,800 crore. It informed the exchanges that the acquisition would be done through a wholly owned subsidiary company, Advaya Chemicals Industries Ltd, which was incorporated on January 11. ....
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The Competition Commission of India (CCI) has approved PCBL Ltd s proposed acquisition of a 100% stake in Aquapharm Chemicals. The deal, which involves the manufacturing and sale of carbon black and green power generation, is being approved under the green channel route. The CCI stated that the transaction does not pose any risk of adverse effect on competition. ....
Get latest articles and stories on Latest News at LatestLY. Anti-trust regulator CCI has approved speciality chemicals major PCBL Ltd's proposed acquisition of a 100 per cent stake in Aquapharm Chemicals, according to a notice. Latest News | PCBL Gets CCI Approval to Acquire Aquapharm Chemicals. ....
Subject to the agreed adjustment, the acquisition will be financed through a mix of internal accruals and external fundraising by the company and its associates, the company informed the bourses. ....