Adani Group Gains CCI Approval to Acquire Jaiprakash Associates Amid Insolvency Proceedings, ETRealty
NEW DELHI: Fair trade regulator CCI on Tuesday said it has in principle approved Adani Group‘s acquisition of debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. The proposed combination relates to the acquisition of up to 100 per cent shareholding of Jaiprakash Associates Ltd (JAL) by Adani Enterprises Ltd (AEL)…

