Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.919)

919. 

The Competition Commission of India approved the acquisition of Metso Oyj's minerals business by which company under section 31(1) of the Competition Act, 2002?

[A]. Barrick Gold
[B]. Newmont Mining
[C]. Outotec Oyj
[D]. Fresnillo

Answer: Option C

Explanation:

The Competition Commission of India approved the acquisition of Metso Oyj's minerals business by Outotec Oyj under section 31(1) of the Competition Act, 2002. The proposed combination is subject to changes made by the parties, under Regulation 25 (1A) of the Competition Commission of India (procedure relating to business transactions related to combinations) Regulations, 2011.

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