CCI clears ITC’s acquisition bid of ABREL

The Competition Commission of India (CCI) on Tuesday greenlit ITC’s acquisition of the paper and pulp manufacturing business of Aditya Birla Real Estate Limited (ABREL), clearing a key regulatory hurdle for the INR 3,498-crore transaction.

17 Dec 2025 | By PrintWeek Team

The approval covers the proposed transfer of ABREL’s pulp and paper undertaking at Lalkuan in Uttarakhand to ITC through a business transfer agreement. 

The divestment plan had been cleared by ABREL’s board in March this year and is now set to move into the execution phase following the antitrust watchdog’s clearance.
 

Tags : CCI,ABREL,ITC Limited;