India: Competition watchdog CCI may approve Fortis-IHH deal by October-end

India: Competition watchdog CCI may approve Fortis-IHH deal by October-end

Photo: Reuters

India’s anti-trust regulator Competition Commission of India (CCI) is likely to give its approval to the FortisIHH deal by the end of October, bringing the curtains down on the bidding war for Fortis that started in February this year after founders Malvinder and Shivinder Singh lost shareholding because of debt.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter