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India: CCI nod for M&M seed potato biz stake sale to HZPC Holland

The Competition Commission has cleared Mahindra and Mahindra 's proposed 40 percent stake sale in its seed potato business to Dutch group HZPC Holland, saying the deal does not raise concerns of unfair trade practices. Under the proposed deal, HZPC subsidiary Participatie Maatschappij Buitenland will acquire 40 per cent shares of Mahindra Investments (International) Private Ltd -- part of Mahindra and Mahindra (M&M).

Source: www.moneycontrol.com

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