CCI approves stake acquisition in JSW Cement by Synergy Metals

Synergy Metals Investments Holdings’ stake acquisition in JSW Cement via green channel route has been approved by the Competition Commission of India (CCI). Green channel is an automatic approval system in which a combination is deemed to have been approved by the CCI after the parties involved file the notice of the combination. According to a combination notice filed with the regulator, the acquirer proposes to acquire a minority equity stake in target. The acquirer is Synergy Metals and Mining Fund I LP, the controlling entity's investment fund, which invests globally in the industrials, metals, and power sectors.

Contact: Synergy Metals 

Investments Holdings.

Website: www.synergy-metals.com