'More' Retail

Competition Comission of India Gives Green signal to Witzig-Amazon's Aquisition Bid for 'More' Retail

According to the Competition Commission of India(CCI), the deal involves acquisition of 99.99 per cent of the equity share capital of Aditya Birla Retail by Witzig and 49 per cent stake buy in Witzig by Amazon's subsidiary Amazon NV Investment Holdings LLC.