CCI Approves Multiple Major Acquisitions Including Peabody and JSW Deals.

Economy Business | Dated: 19 Mar 2025

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

🎯 Key Highlights:

  • - 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.

💡 Other Important Facts:

  • (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.

📚 Test Your Knowledge:

Which Indian organization approved multiple major acquisitions including Peabody and JSW deals?

Correct Answer: CCI

🚀 Quick Recap: