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    GSK, Generali Deals Cleared

    Synopsis

    The Competition Commission of India (CCI) on Monday approved the proposed acquisition of consumer healthcare company GlaxoSmithKline Asia Pvt Ltd (GSKAPL) by two other GlaxoSmithKline group entities.

    FILE PHOTO: FILE PHOTO: The Generali logo is seen on the company's building in Milan, Italy
    The Generali logo is seen on the company's building in Milan, Italy.
    The Competition Commission of India (CCI) on Monday approved the proposed acquisition of consumer healthcare company GlaxoSmithKline Asia Pvt Ltd (GSKAPL) by two other GlaxoSmithKline group entities. It also approved Italian firm Generali Group's proposal to raise its shareholding in Future Generali India Life Insurance to 71% from the current 49%.


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