GSK, Generali Deals Cleared
ET Bureau
Synopsis
The Competition Commission of India (CCI) on Monday approved the proposed acquisition of consumer healthcare company GlaxoSmithKline Asia Pvt Ltd (GSKAPL) by two other GlaxoSmithKline group entities.
The Competition Commission of India (CCI) on Monday approved the proposed acquisition of consumer healthcare company GlaxoSmithKline Asia Pvt Ltd (GSKAPL) by two other GlaxoSmithKline group entities. It also approved Italian firm Generali Group‘s proposal to raise its shareholding in Future Generali India Life Insurance to 71% from the current 49%.
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