CCI approves acquisition of Metso Minerals business by Outotec

CCI approves acquisition of Metso Minerals business by Outotec

The Competition Commission of India (CCI) has approved the acquisition of Metso Oyj’s (“Metso”) minerals business by Outotec Oyj (“Outotec”) under Section 31(1) of the Competition Act, 2002. According to the acquisition rules, all such assets, rights, debts, as well as the liabilities of Metso that relate to, or primarily serve its minerals business would be acquired by Outotec. Outotec & Metso are public limited liability companies incorporated and registered under the laws of Finland.

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