- Regulation of combinations based on transaction value
- Definition of control for classification of combination
- Definition of Anti-competitive agreements
- Definition of Relevant Products Market
- Time limit for approval of combinations
- Settlement and Commitment in anticompetitive proceedings
In this article we have summarized abovementioned proposed amendments by Competition Amendment Bill 2022.
Regulation of combinations based on transaction value:
Section 5 of the Act covers provisions relating to regulation of combination where it proposes to insert following: -
'Value of Transaction':- If the value of any transaction or 'deal value' in connection with acquisition of any control, shares, voting rights or assets of an enterprise, merger or amalgamation etc., exceeds €2,000 crore, it would require filing before CCI, provided that the enterprise has substantial business operations in India, which may be specified through regulations.
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Denne historien er fra September 2022-utgaven av M & A Critique.
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Raymond Group continues Segregation of its Business Verticals
After successful demerger of \"Lifestyle Business,\" Raymond Limited announced yet another restructuring to unlock further value for stakeholders.
Ultratech Cements adds India Cement in its shopping cart
India's Cement Industry is poised for consolidation. In recent past we have seen multiple large & small acquisitions in cement segment for consolidating positions.
Valor Estate Limited: "Diversification" to "Sepration" of Hospitality Business
“From investments in hospitality business, the demerger transaction will enable VEL to start its construction in hospitality”
SIEMENS Energy to be a separate entity in alignment with global strategy
Siemens AG announced its Vision 2020+ which included the spin-off of its Gas & Power [G&P) i.e., Energy Business into Siemens Energy.
Arvind Group separates its Advanced Material Business for independent growth trajectory
Advanced Material Business (AMD) of Arvind Limited focuses on advanced materials and caters to customer needs across the textile value chain, including specialty yarns, fabrics, and ready-made products.
Merger for bail-out from debt obligation
Ind Swift Limited (herein after also referred to as 'ISL' or 'Transferor Company') is engaged in the business of manufacturing of Pharmaceutical Products.
Batliboi Ltd. merging its associate company
Batliboi Limited has a history of collaborations with various foreign technical partners and has subsidiaries like Hydraulic & General Engineers Ltd. and Batliboi International Ltd. In March 2024, the board of Directors of Batliboi Limited accorded their approval for the merger of promoter owned private company with itself.
TVS Motors issuances of convertible preference shares as bonus instead of dividend
Recently, well known auto manufacturer announced the issuance of preference shares as a bonus to all equity shareholders.
Aditya Birla Fashion & Retails Scheme to undo its consolidation
Corporate restructuring saga continues for Aditya Birla Group.
Advent International to combine its listed & private entity business
Recently, Advent International announced the merger of its privately held pharma company into recently acquired listed pharma company.
