CCI clears Jindal Power’s bid for Jaiprakash Associates
India’s Competition Commission (CCI) has approved Jindal Power Ltd (JPL), a subsidiary of Jindal Steel & Power Ltd, to acquire debt-laden Jaiprakash Associates Ltd ( JAL Group )...
Jal Group
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Vedanta top bidder for debt-ridden JAL
Vedanta Group has emerged as the top bidder for debt-laden Jaiprakash Associates Ltd ( JAL ), offering INR125.1bn (US$1.5bn) in a challenge auction held on 5 September. The bid ...