New Delhi: Public sector construction major NBCC Limited has finally got a green signal from Competition Commission of India (CCI) for acquisition, over 100 per cent stake buy out in consultancy firm HSCC. NBCC last month was selected as the buyer for 100 per cent strategic disinvestment of HSCC at a bid amount of Rs 285 crore by the government.
CCI tweeted approval to NBCC over HSCC acquisition
The CCI approves the acquisition of 100 percent equity shareholding in HSCC (Hospital Services Consultancy Corporation) by NBCC- the regulator said in a tweet
