CAIT urges Prabhu to order probe into Amazon-Witzig bid to acquire Aditya Birla's retail chain
Updated : January 21, 2019 11:26 PM IST
Fair trade regulator CCI on Friday said it has approved the deal.
According to the Competition Commission of India (CCI), the deal involves acquisition of 99.99 percent of the equity share capital of Aditya Birla Retail by Witzig, and 49 percent stake buy in Witzig by Amazon's subsidiary Amazon NV Investment Holdings LLC.
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