CCI approves Adani Power acquisition of GVK Energy
The Competition Commission of India (CCI) has approved the acquisition of 100% share capital and control of GVK Energy Limited by Adani Power Limited under the corporate insolvency resolution process (CIRP) framework of the Insolvency and Bankruptcy Code, 2016. The transaction involves the complete acquisition of GVK Energy Limited, a subsidiary of GVK Power and…