Fair trade regulatory authority CCI has made the proposal to approve merger of seed firm Advanta Ltd
Q. Fair trade regulatory authority CCI as approved the proposed merger of which seed firm with agrochemical major UPL?- Published on 25 Jan 16a. Advanta Ltd
b. Advaitya Ltd
c. Adventa Ltd
d. None of the above
ANSWER: Advanta Ltd
Fair trade regulatory authority CCI has approved the proposed merger of seed firm Advanta Ltd with agrochemical major UPL. UPL has announced the merger of Advanta as part of the strategy to provide agri solutions through a single entity. Advanta, a group company of UPL is within the development. production and sale of field crop as well as vegetable seeds. CCI has cleared the proposed transaction and considered market for seeds in the nation as a relevant market.
