Question

    What recent acquisition has been approved by the Competition Commission of India (CCI)?

    A Acquisition of Sanyo Special Steel Co. Ltd. by Mitsui & Co. Ltd. Correct Answer Incorrect Answer
    B Acquisition of Sanyo Special Steel Manufacturing India Private Limited by Sanyo Special Steel Co. Ltd. Correct Answer Incorrect Answer
    C Acquisition of Mitsui & Co. Ltd. by Sanyo Special Steel Manufacturing India Private Limited Correct Answer Incorrect Answer
    D Acquisition of Sanyo Special Steel Co. Ltd. by Sanyo Special Steel Manufacturing India Private Limited Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Competition Commission of India (CCI) has approved the acquisition of 15.43% shareholding by Sanyo Special Steel Co. Ltd. in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd. This indicates that Sanyo Special Steel Co. Ltd. is acquiring a stake in Sanyo Special Steel Manufacturing India Private Limited from Mitsui & Co. Ltd.

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