CCI Approves Multiple Major Acquisitions Including Peabody and JSW Deals.

Economy Business

On March 17, 2025, the Competition Commission of India (CCI) approved the following proposals:


      - The UK-based global mining company, Anglo American plc, will transfer its steel-making coal portfolio in Australia to Peabody MNG Pty Ltd. (Peabody MNC) and Peabody SMC Pty Ltd. (Peabody SMC).

      - JSW Neo Energy Limited, a 100% subsidiary of JSW Energy Limited (JEL) from the JSW Group, will acquire 100% shareholding in 02 Power Midco Holdings Pte. Ltd. and 02 Energy SG Pte. Ltd.

      - BC Asia Investments XV Limited and BC Asia Investments XVI Limited will acquire a shareholding in Dhoot Transmission Private Limited (DTPL), based in Aurangabad, Maharashtra.

Main Point :-   (i) Hindustan Unilever Limited (HUL), a leading FMCG company based in Mumbai, will acquire Jaipur-based Uprising Science Private Limited. HUL owns over 50 brands, including Lakme, Lux, and Knorr.

      (ii) Tata Sons Private Limited will acquire an additional 10% stake in Tata Play Limited, a Mumbai-based Direct-to-Home (DTH) provider, from Temasek Holdings Private Limited, a Singapore-based wealth fund owned by Baytree Investments (Mauritius) Pte Limited.


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