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Siemens' acquisition of C&S Electric India operations gets CCI approval

Siemens has an agreement to acquire 99 per cent equity in New Delhi-based C&S Electric for around Rs 2,100 crore

Topics
Siemens India | Competition Commission of India | CCI

Press Trust of India 



CCI, competition law, buyer cartels
As per the agreement signed between the two firms, Siemens will acquire Indian operations of C&S Electric's low-voltage switchgear components and panels

Fair trade regulator (CCI) on Thursday said it approved the proposed acquisition of C&S Electric by .

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First Published: Thu, August 20 2020. 20:55 IST

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